DIAMOND REALTORS
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Frieda Schmiedel
DIAMOND REALTORS
phone: (972) 897-7659
office: (972) 897-7659
www.diamondreal­tors.info
410 Melrose Drive
Richardson, TX 75080
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100 Washington Street, Pilot Point, Texas 76258, USA
List Price: $695,000
Sale price per sqm: 715.4 $
Status: ACT
MLS#: 20595205
Property type: Commercial for sale, Retail
Property Size: 10,457 sqft (971.455 m2)
Land size: 0.43 sqft (0.04 m2)
Building Size: 8,879 sqft (824.9 m2)
Property Details
1896 Year Built:
restaurant Present Use:
Brick, Rock/Stone Construction:
Resale Condition:
city water, City sewer, Individual Gas Meter, Individual Water Meter Utilities:
Natural Gas Heating System:
Wall or Window Units Cooling System:
Corner Lot, Sidewalks Lot Description:
Parking / Garage
On Street Parking type:
Lot Land Information
Less Than 0.5 Acre Lot size:
Historical District Local Zoning:
Remarks
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.


Listing by: David Griffin & Company

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