EXISTING CHURCH FACILITY ON 5 ACRES FOR SALE IN FRANKSTON TX

Special Purpose for Sale
Catylist Listing ID: 30498433
Building Size (RSF): 11,290 SF
Gross Building Area: 12,775 SF
Gross Land Area: 5 Acres
Sale Price: $350,000
Property Use Type: Vacant/Owner-User
Usable Size (USF): 12,775 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/23/2019

Overview / Comments

Existing church facility with large sanctuary on 5 acres. Full service kitchen with huge fellowship banquet hall. Second buildingunfinished, originally planned as dorm housing, but ready for other planned development/usage. This land/building could be convertedto other types of businesses or even residential. Building 1: Main Church building approx. 11,290+/- sf. Building 2: Unfinished Storage/Proposed bunkhouse approx. 1,480+/- sf. Property could be used for many different things. High traffic count approx. 15,000 vehiclesper day pass by. Present owner tax exempt.

Additional Details

Nearest MSA: Palestine
County: Anderson
Taxing Authority: ANDERSON COUNTY
Tax ID/APN: C000003472
Property Visibility: Excellent
Largest Nearby Street: HWY 155
Feet of Frontage: 245
Traffic/Vehicle Count: 15,000
Highway Access: HWY 155
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 2008
Roof Type: Other
Construction/Siding: Wood Frame
Exterior Description: Wood Frame, Alum/Vinyl Siding
Parking Type: Surface
Parking Description: Large open concrete parking lot, plus grass area
Sprinklers: None
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Internet Access: Other
Lot Frontage: 245
Water Service: Municipal
Sewer Type: Septic
Easements: Other
Legal Description: Acres 5.000, AB 9 M GOLIHER SUR, TR98D

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,101 6,031
Median Age: 42.56 48.84
Households: 1,227 2,554

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