About 401 W Hubbard Street
Investment Opportunity in Downtown Mineral Wells. This fully leased, income-producing building features 6 individual units, making it an ideal opportunity for investors seeking reliable cash flow. Currently home to a diverse mix of tenants including a beauty salon, insurance agency, law firm, and healthcare company, the property offers a multitude of potential uses—perfect for office, retail, or professional services. Located in the heart of downtown Mineral Wells, the building enjoys excellent visibility and accessibility, just steps from the fire department, police station, and downtown shopping and dining. Tenants and customers alike will appreciate the 12 dedicated parking spaces, a valuable amenity in the downtown area. Annual Average Daily Traffic Count for this area is 7,270 with a 4% annual growth. Information provided from TXDOT. Unit 401 has 6 offices, a kitchen, 3 bathrooms, a conference room and 2 storage rooms.
Features of 401 W Hubbard Street
| MLS® # | 20952930 |
|---|---|
| Price | $450,000 |
| Bathrooms | 0.00 |
| Acres | 0.34 |
| Year Built | 1965 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 401 W Hubbard Street |
|---|---|
| Subdivision | Lynch |
| City | Mineral Wells |
| County | Palo Pinto |
| State | TX |
| Zip Code | 76067-4846 |
Amenities
| Utilities | Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Connected |
|---|---|
| Garages | Concrete, Off Street, Parking Lot, Unassigned |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central, Electric |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
Exterior
| Roof | Other |
|---|---|
| Construction | Brick, Frame |
| Foundation | Slab |
Additional Information
| Zoning | Commercial |
|---|
Listing Details
| Agent | Carolyn Shipp |
|---|---|
| Office | SOURCE 1 REAL ESTATE - Mineral Wells |
| Contact Info | 940-325-9144 |