1.09 Acres in Vernon, TX - $229,500

Spanish Style Residential-Commercial Use Property

This unique property in Vernon, TX is zoned for either residential or commercial use! The property has so many possibilities and has been used as a restaurant, spa & massage center, dance studio, retail space, hair salon and in recent years - a primary residence. It would also make a great B&B for an onsite owner.

LOCATION:

Vernon is located along Highway 287, which is the main corridor between Dallas-Fort Worth and Amarillo, onto the ski resorts in NM and CO. Other major highways intersecting through town are 70, 183 and 283. It is within a 2.5 hr drive to DFW, Oklahoma City, Amarillo, Lubbock or Abilene, being conveniently centered between all of these cities.

Vernon has a population of 10,384 (2018 census). It is a designated Texas Main Street town, has a hospital with ER, multiple restaurants, junior college, one of the nations largest classic car cruises every summer and an ...

THE HOME:

The original Spanish style house dates to 1928, per the tax appraisal district. It has been added onto and modified multiple times since then, including a 3,000 sq ft attached addition in 1993. In total, the home has 6,427 sq ft of living space, with 10 bedrooms, 4 bathrooms, 3 living areas and 2 kitchens, plus an office, hot tub room and salon with four work stations. The salon and two other rooms have their own private exterior entrances, which can be accessed from the back lot.

The 10 bedrooms could be used for living or work spaces. One of the rooms has a closet; the others do not. The largest room upstairs in the original house has wood paneling, a wet bar and access to a roof top balcony. The original home has three bedrooms and the other seven are in the 3,000 sq ft addition.

The home has vaulted ceilings in the front living room, along with a wood burning fireplace. A formal dining room is just off the living room, separated by a beautiful pair of French doors. A small sun room is on the other side of the living room too. The home has lots of original features, including an arched front door, brass door knobs & stair rail banister, original long leaf pine floors (refinished in 2014) and horse hair plaster interior walls. It is upgraded with a commercial fire alarm system.

THE LOT:

The property sits on 1.09 acres of land. The front circle driveway on Wilbarger St. (Business Hwy 287) is nicely landscaped leading to the main house. In the back is a large gravel parking lot and side yard, where a detached 720 sq ft garage is located. This garage has CH/A and was used at one time to host a dance studio. The back lot can be accessed via Marshall St.

The whole property has large trees across it, including many mature pecans and a couple of rows of cedars. Several places would be suitable for growing a garden, if desired.

ZONING:

The property is specifically zoned as Convenience Commercial (C-C) and allows for retail, residential and mixed-use development establishments, so you can live in it while operating a business through it. This zoning also allows it to be designated for a Homestead Exemption for tax purposes. The property taxes in 2020 with no exemptions in place were $4,888.61.

LIST PRICE:

$229,500

CONTACT:

For more information or to view this property in person, contact agent Benjamin Belew at cell phone (940) 357-9940. Video walkthrough tours are available by appointment too, via FaceTime or similar app.