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1407 E Rusk

Jacksonville, TX 75766
  • $1,600,000
  • STATUS: Active
  • ON SITE: 141 days
  • MLS #: 10131077
UPDATED: 17 min ago
$1,600,000
  • 0
    BEDS
  • 3.61
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 144,790
    SQFT
  • $11
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1976
County:
Area:

School Ratings & Info

Description

Why buy an existing business that only offers you one source of revenue when you could buy this huge commercial corner lot (over 3 acres) on a major highway with high traffic count and three potential sources of income? Home Place Inn is a 100 unit solidly built hotel, restaurant and club. Hotel and restaurant were just reroofed in '19 with Thermoplastic Polyolefin (TPO) roofing material. The restaurant and club are currently used for storage purposes only but if properly ran could generate at least an addition $100k or more in revenue! Each business can be run separately as they all have their own private entrance. Run the additional businesses yourself and pocket all that extra income or rent them out. Prefer to be a landlord? Convert the hotel rooms into apartments! Jacksonville could use the housing. Looking to develop? Demo it all and start fresh! Due to it's size and location this tract would make an ideal area to develop a strip mall/shopping center, supermarket, or big box store such as Target, Hobby Lobby, or Home Depot. Jacksonville has seen much growth and beautification in recent years. Owner may be willing to sell club and club parking lot separately. Price TBD. Inquire if interested. Be sure and visit with the Jacksonville Economic Development Corp. (JEDCO) about the many incentives available to those who are interesting in investing here!

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. This information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-06-23T22:28:36.08.
www.therosecityteam.com/homes/113831285
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1407 E Rusk Jacksonville, TX 75766

  • Price: $1,600,000
  • Status: Active
  • Updated: 17 min ago
  • MLS #: 10131077
0
Beds
0
Baths
0
½ Baths
3.61
Acres
144,790
SQFT
$11
$/SQFT
1976
Built
Neighborhood:
Cherokee
County:
Cherokee
Area:
Cherokee
Property Description
Why buy an existing business that only offers you one source of revenue when you could buy this huge commercial corner lot (over 3 acres) on a major highway with high traffic count and three potential sources of income? Home Place Inn is a 100 unit solidly built hotel, restaurant and club. Hotel and restaurant were just reroofed in '19 with Thermoplastic Polyolefin (TPO) roofing material. The restaurant and club are currently used for storage purposes only but if properly ran could generate at least an addition $100k or more in revenue! Each business can be run separately as they all have their own private entrance. Run the additional businesses yourself and pocket all that extra income or rent them out. Prefer to be a landlord? Convert the hotel rooms into apartments! Jacksonville could use the housing. Looking to develop? Demo it all and start fresh! Due to it's size and location this tract would make an ideal area to develop a strip mall/shopping center, supermarket, or big box store such as Target, Hobby Lobby, or Home Depot. Jacksonville has seen much growth and beautification in recent years. Owner may be willing to sell club and club parking lot separately. Price TBD. Inquire if interested. Be sure and visit with the Jacksonville Economic Development Corp. (JEDCO) about the many incentives available to those who are interesting in investing here!
Exterior Features

Construction Concrete Based Siding Lot Dimensions 550Ft X 285Ft Parking Other/See Remarks Road Surface Asphalt Road Type City/Town Road Water View No Waterfront No

Interior Features

Cooling Individual ControlledOther/See Remarks Heating Other/See Remarks

Property Features

Available Financing CashConventional Building Description Hotel/Motel Commercial Type Building Improvements Other/See Remarks Location Inside City Limits Sale Includes BuildingBusiness Security Gate No Sewer Public Sewer Short Sale YN No Sq Ft Source Ccad Water Public Year Built Source Ccad Zoning Commercial

Listing provided courtesy of Julie Robinson of Century 21 Action Team. Listing information © 2021 Greater Tyler Association of REALTORS® Multiple Listing Service.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. This information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-06-23T22:28:36.08.
 
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