Prime opportunity in the heart of "Old Magnolia" to own 8 city lots backing to the end of the Stroll. This property offers approximately 28,560 sf, measuring 240' X 119'. The adjacent property at 122 Commerce is also available (ML# 44737282) offering an additional 2 city lots. Both listings together offer half a city block of prime opportunity for your next venture. Both tracts would total approx 35,880 SF or 0.82 of an acre. The properties are zoned for the Town Center, featuring retail or restaurant businesses. (Exceptions would be up to the purchaser to verify with the City of Magnolia.) Don't miss this chance to continue the legacy of Old Magnolia and enhance these properties ready for new life. This is a highly traveled area near multiple Magnolia School campuses and an apartment complex. (Please do not attempt to enter structures on this property. Structures are a tear down at buyer's expense.)
| MLS # | 15080134 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 20 |
| Listing Provided By | Carswell Real Estate Co. Inc. | Angela Knee Hahn |
| Acreage | 0.65 |
|---|
| Lot Features | Cleared, Corner Lot, Open Lot |
|---|
| Tax Annual Amount | 3848 |
|---|
| State | TX |
|---|---|
| County | Montgomery |
| City | Magnolia |
| Zip Code | 77355 |
| Area | 15 |
| Subarea | Magnolia | 1488 West |
| Community Name | Magnolia Melton |
| Listing VS Median (in Magnolia Melton) | |
Price: $349,900 low | high Med: $0 On site: 20 low | high Med: | |
| State | TX |
|---|---|
| County | Montgomery |
| City | Magnolia |
| Zip Code | 77355 |
| Area | 15 |
| Subarea | Magnolia | 1488 West |
| Community Name | Magnolia Melton |
| Listing VS Median (in Magnolia Melton) | |
Price: $349,900 low | high Med: $0 On site: 20 low | high Med: | |