103 W Franklin St, Alvord, TX 76225

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List Price
$599,000
MLS#
21434211
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1950
Construction Status
Preowned
Acres
0.32
County
Wise
City
Alvord
Subdivision
Original Alvord

Property Description

Put your automotive vision in motion in the center of downtown Alvord. Situated on a prominent Main Street corner, this property brings together commercial real estate, operational shop equipment, and an established automotive service and parts business. It’s an opportunity for an owner-operator ready to take the wheel or an existing business looking to expand. Serving Alvord and surrounding communities, Best Rate Automotive provides repair services, parts, oil, and maintenance supplies. Its reputation includes CARFAX Top-Rated Service Center recognition in 2023, 2024, and 2025, along with the ProVantage Award. To support a smooth transition, the master mechanic is willing to provide short-term assistance and buyer training. The building features three 12' x 12' roll-up doors installed in 2024, a 5-ton HVAC system and furnace installed within the past two years, and electrical updates completed approximately six and a half years ago. Exterior signage was added in recent years. The seller will contribute up to $15,000 toward bathroom construction, subject to the terms of the sale. The real estate and operational equipment are included. Retail inventory, personal toolboxes, and hand tools are excluded, with select items potentially available through separate negotiation. Reportedly zoned C-3 Heavy Commercial. Buyer to verify zoning and permitted uses with the City of Alvord.

Additional Information

Unexempt Taxes
$3,473
Tenant Pays
None
Lot Size
13,982
Acres
0.32
Lot Description
Corner Lot, Level, Flat
Flooring
Concrete
Foundation
Slab
Roof
Metal
Building Stories
2
Parking Garage
Additional Parking, Aggregate, Direct Access, Lighted, Off Site
Possession
CloseOfEscrow
Proposed Use
Automotive
Inclusions
Business, Furniture, Inventory, Land & Improvements, Machinery
Community Features
Sidewalks

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Stephen Etzel from Independent Realty. Contact: 817-907-2506

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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