![Jon and Jason - Lucky 13 Group Logo](https://intranet.nexthome.com/Office/Logo/1156-NextHome-Premier-Choice.png)
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