31608 Old Hempstead Rd, Magnolia, TX 77355

$1,994,500

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List Price
$1,994,500
Status
ACTIVE
Days on Market
144
Price Change
▼ $5,000 1782505899
MLS#
63265998
Subtype
Land
Lot Size
108,769
Acres
2.50
Subdivision
Abst-A4
Neighborhood
Magnolia/1488 West
MLS Area Major
15

Property Description

An incredible opportunity to purchase a rich piece of Magnolia. With road frontage on FM 1488 and Old Hempstead Road, this nearly 2.5 acres is a great location for commercial use. The 2,624 square foot building is currently home to The Bar-B-Que Hut. Inside you will find a large cooking area, restroom, and office space. Outside has a large covered seating area along with a walk up window to order. Next to the restaurant is an 1,800 square foot home with 3 bedrooms, 2 bathrooms and an office area. Aerobic septic systems for both the restaurant and home are in place. City water services both structures. Approximately 80 foot of frontage on FM 1488 and 170 foot of frontage on Old Hempstead. The opportunities are endless in this booming spot. Schedule your showing today!

Additional Information

Taxes
$2,839
School District
Magnolia
Elementary School
Magnolia Elementary School (Magnolia)
Middle School
Magnolia Junior High School
High School
Magnolia West High School

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Calculator source: Real Geeks

Courtesy of Capitol Ranch Real Estate