502 Mulcahy St, Damon, TX 77430

$115,000
1
BA

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List Price
$115,000
Status
ACTIVE
MLS#
43944340
Days on Market
5
Bathrooms
1
Lot Size
7,301
Area
5

Property Description

**CORNER LOT INEVESTMENT OPPORTUNITY IN GROWING NW BRAZORIA COUNTY** The window is open for the chance to own a piece of Damon, Texas' storied history. This unique building was built in 1920 during Damon's oil boom & served as the town's bank from 1931-1939, with the original bank vault still in tact & operational. Situated on a corner lot in the middle of downtown Damon, the income producing property is currently leased to USPS, with the lease set to expire on 7/31/28. Lease may be renegotiated or terminated at buyer's discretion. In late 2024 the building was renewed by being completely leveled, a new roof & central air & heat were installed, along with a 18x20 carport added to the side for covered parking. Sitting in the direct path of SW Houston's rapidly expanding corridor that's consuming the Needville & surrounding areas. Conveniently located only 20 miles to HWY 288, 25 miles to HWY 59, & just minutes from proposed HWY 36A project. Contact us today to own your piece of Texas.

Additional Information

Taxes
$1,255
Year Built
1920
Roof
Composition
Region
5
School District
Damon
Elementary School
Damon Elementary School
High School
Columbia High School
Middle School
Damon Elementary School
Sewer
Public Sewer
Stories
1
Street Name
Mulcahy St
Street Number
502
Neighborhood
Damon Area
Water
Public
Acres
0.17
County
Brazoria
Foundation
Pillar/Post/Pier
Heating
Central, Electric
Lot Description
Corner Lot

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Listing courtesy of Worth Clark Realty. Contact:

Listing courtesy of Phillip Ward from Worth Clark Realty. Contact: