Seller Financing
Address
100 N Washington Street, Pilot Point, TX
Price
$ 695,000
Property Attributes
  • MLS#20595205
  • TypeCommercial
  • CountyDENTON
  • CityPilot Point
  • NeighborhoodO T Pilot Point
  • Zip76258
  • StyleBusiness
  • Year Built1896
  • Taxes$ 5339
  • Price$ 695,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.425 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
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.

Price History
5/8/2024 Listed $695,000

General Features

Heating Natural Gas
Cooling Wall/Window Unit(s)
Utilities Asphalt,City Sewer,City Water,Individual Gas Meter,Individual Water Meter,Sidewalk
Ceiling Height 11 to 14 Feet
Possession Closing/Funding
Roof Slate,Other
Year Built 1896
Tenant Pays None
Topography Located on the high point that gave Pilot Point its name
Business Type Other
Unexempt Taxes 5339
Building Use Historical District,Hotel/Motel,Restaurant,Other
Owner Pays All Utilities
Will Subdivide No
Gross Annual Expenses 0.00
Property SubType Business
Subdivision Name O T Pilot Point
Zoning Description MF Dwelling
Occupant Type Vacant
County Denton
Property Type Commercial Sale
Construction Materials Brick,Rock/Stone
Year Built Details Preowned
Status Active
Directions 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.
City Pilot Point
Buyer Agent Compensation 3
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20595205
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Hardwood
Total Stories 2
Total Units 1
SQFT Gross 10457
Lock Box Type None

Exterior Features

Lot Features Corner Lot
Lot Size Source Assessor
Parking Features No Garage,On Street
Lot Size Less Than .5 Acre (not Zero)
Foundation Brick/Mortar,Pillar/Post/Pier
Lot Size Area 0.4250
Lot Size Units Acres
Construction Materials Walls Brick,Plaster
Building Area Total 8879.00
Road Frontage Type City Street,Curbs/Gutters
Lot Size Square Feet 18513.0000
Lot Size Acres 0.4250

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 76258

Price
AVG $2M
$700K
Taxes
AVG $6,367
$5,339
Visits
AVG 107
26
Data Provided by Inside Real Estate®
Year Built
AVG 1952
1896

Areas We Cover