100 N Washington Street Pending

Pilot Point,TX 76258

$ 695000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

Subdivision O T Pilot Point

MLS Listing ID 20595205

Total Fin. Sqft 8879

Year Built 1896

Annual Tax Amount $5,339

Lot Size 0.425 Acres

Acres 0.425

Property Description

From the time it was constructed, the Farmers and Merchants Bank has been a focal point of the Pilot Point town square. The Merchant & Farmers Bank building exhibits elements from Romanesque Revival, Tudor Revival, and Beaux Arts styles. Regarded by many as one of the most architecturally significant historical buildings in Texas, the offering consists of 2 very distinct buildings that were built in tandem in the late 1800's. The structures are connected and form one 10,000-square-foot structure. Th 2nd floor has 2 one-bedroom apartments.Opportunities exist for tax rebates and grants to restore the property. The property would be an ideal location for a restaurant, retail, Air B&B, offices, apartments, a bank, etc.. Showings require 48 hours advanced notice, pre-approval letter, and proof of funds before touring the property. See the attached master plan for a detailed study that was done on the property by Quimby McCoy Architects. Owner financing is available to qualified buyers.

Location

State TX

County Denton

Zoning MF Dwelling

Direction Located in the historic commercial district of Pilot Point Texas. Take 377 north to Washington Street. The building is located on the corner of Main and Washington.

Interior

Heating Natural Gas

Cooling Wall/Window Unit(s)

Flooring Hardwood

Heat Source Natural Gas

Exterior

Utilities Available Asphalt,City Sewer,City Water,Individual Gas Meter,Individual Water Meter,Sidewalk

Roof Type Slate,Other

Garage No

Building

Lot Description Corner Lot

Foundation Brick/Mortar,Pillar/Post/Pier

Structure Type Brick,Rock/Stone

Others

Ownership See LA

Acceptable Financing Cash,Owner Carry Second,Owner Will Carry

Listing Terms Cash,Owner Carry Second,Owner Will Carry

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