100 N Washington Street, Pilot Point, Texas 76258

$695,000
List Price
$695,000
MLS#
20595205
Status
ACTIVE
Type
Commercial
Year Built
1896
Construction Status
Preowned
Acres
0.43
County
Denton
City
Pilot Point
Subdivision
O T Pilot Point

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.

Additional Information

Unexempt Taxes
$5,339
Tenant Pays
None
Lot Size
18,513
Acres
0.43
Lot Description
Corner Lot
Subdivided
No
Flooring
Hardwood
Foundation
Brick/Mortar, Pillar/Post/Pier
Roof
Slate, Other
Building Stories
2
Walls
Brick, Plaster
Ceiling Height Type
11 to 14 Feet
Street Utilities
Asphalt, City Sewer, City Water, Individual Gas Meter, Individual Water Meter, Sidewalk
Heating Cooling
Natural Gas
Construction Material
Brick, Rock/Stone
Parking Garage
No Garage, On Street
Road Frontage Desc
City Street, Curbs/Gutters
Possession
Closing/Funding
Building Sq. Ft.
8879
Number of units
1
Building Use
Historical District, Hotel/Motel, Restaurant, Other
Zoning
MF Dwelling
Possession
Closing/Funding

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of William Griffin from David Griffin & Company. Contact: 214-526-5626