FOR SALE
$1,600,000

1407 E Rusk
Jacksonville, TX 75766

Other
Residence
144,790
Sq. Ft.
3.61
Acre Lot
1of
Photos
Map
Last Updated: 3/8/2021 12:16 AM
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!
10131077
Other
Cherokee
3.61 Acres
1976
Public
Public Sewer
Loading...
Data Provided by Onboard

Walk Score

Transit Score

Data Provided by  Walkscore.com
View more
Loading...