LOCATION...LOCATION...LOCATION! Commercial building located in the heart of Downtown Whitewright on huge paved .57ac corner lot offers 8400sf under roof with 3 separate interior areas. Multi-use, income producing property with current tenant being Sidewinder Brazilian Jiu Jitsu Martial Arts School occupies the full building until 2026 with current lease. Remodeled in 2021 included new roof, electrical, plumbing, spray foam insulation,roll insulation, walls and flooring in office areas, multiple restrooms and 3 HVAC units. Asphalt Parking lot can accommodate 35+ vehicles with ease. No showings after 5pm during class hours. Great investment opportunity with positive potential to growing community in Grayson County.
EMPTY NURSING HOME (Shell Space) AVAILABLE... This is 30K sqft of empty, usable space. Formerly an operating nursing home. Property DOES have Walls, Electric, Water, NEW Roof 2022, NEW HVAC 2023, 22,000 sqft of NEW Flooring ready to be laid. This property has many potential uses, like...Youth Group Home, Special Needs Facility or Independent Senior Living or MULTI- FAMILY. Just 18 miles northwest is Sherman, Texas; which is the location of the new Texas Instruments Semiconductor Campus and GlobiTech's chip manufacturing plant. Buy this property and be a part of the revitalization of Whitewright, TX by building a large Multi-Family Complex on this property or a Educational Group Home for Children with Autism. The building sits on an Entire City Block. If you do not have the resources to rehab all at once, you can do one section at a time and use revenue to fund future expansion.
Whitewright is located in Texas. Whitewright, Texas has a population of 1,960. Whitewright is less family-centric than the surrounding county with 26.52% of the households containing married families with children. The county average for households married with children is 30.5%.
The median household income in Whitewright, Texas is $39,076. The median household income for the surrounding county is $52,683 compared to the national median of $57,652. The median age of people living in Whitewright is 32.7 years.
The average high temperature in July is 92.3 degrees, with an average low temperature in January of 30.9 degrees. The average rainfall is approximately 43.5 inches per year, with 0.2 inches of snow per year.