Mineral Wells, TX 76067 1500 S Oak Avenue

1500 S Oak Avenue Mineral Wells, TX - Image 11500 S Oak Avenue Mineral Wells, TX - Image 21500 S Oak Avenue Mineral Wells, TX - Image 3
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1500 S Oak Avenue Mineral Wells, TX - Image 41500 S Oak Avenue Mineral Wells, TX - Image 5
Presented By: Independent Realty
  • MLS# 21203405
  • 03/10/2026
  • Request Tour
  • Request Info

Home Details

Located at 1500 S Oak Ave, in Mineral Wells, this versatile commercial property features two separate units under one roof, offering an excellent opportunity for investors or owner-operators. The building includes two independent entrances, allowing each space to operate separately. Both units are equipped with their own restroom and kitchenette, making them ideal for small retail, office, service businesses, or studio use. One side of the property is currently leased to a long-term tenant, providing immediate income. The second unit has been recently remodeled and is move-in ready, giving a new owner the flexibility to lease it for additional cash flow or occupy the space. The layout makes this property ideal for dual tenants, live-work concepts, professional services, or small retail operations. Property Highlights * Two commercial units under one roof * Separate entrances for each unit * Each unit includes bathroom and kitchenette * One long-term tenant in place * Second unit remodeled and ready for lease * Flexible commercial use potential Located on busy 281 street in Mineral Wells, TX with approximately 5,000 vehicles per day in traffic exposure Perfect for investors seeking stable income with upside potential or an owner-operator who wants to occupy one side while collecting rent from the other. Do not disturb tenants ! showing by appointment only.
Presented By: Independent Realty

Interior Features for 1500 S Oak Avenue

Other Interior Features

SQFT Gross2700
Lock Box TypeOther
FlooringConcrete
Total Stories1
Total Units2

General for 1500 S Oak Avenue

Building UseBar/Taverns, Beauty/Barber, Industrial, Office, Office/Warehouse, Retail
Business TypeOther
Ceiling Height8 to10 Feet
CityMineral Wells
Construction MaterialsSteel Siding
CoolingCentral Air
CountyPalo Pinto
DirectionsLocated on S Oak st, AKA 281, cross street SW 14th
Gross Annual Expenses5100.00
HeatingCentral
PossessionLease Outstanding, Negotiable
Property SubtypeRetail
Property TypeCommercial Sale
RoofFlat
Standard StatusActive
StatusActive
Subdivision NameLAWN PLACE #1
Tenant PaysAll Utilities
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideYes
Year Built1964
Year Built DetailsPreowned
Zoning DescriptionAsk city

Exterior for 1500 S Oak Avenue

Building Area Total2200.00
Foundation Slab
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.2200
Lot Size Area0.2200
Lot Size SourceAppraiser
Lot Size Square Feet9583.2000
Lot Size UnitsAcres
Parking FeaturesAdditional Parking, Asphalt
WaterfrontNo

Additional Details

Price History

Scott Roycroft

Price $250,000
MLS#21203405
List Date 03/10/2026
Property Type Commercial
Phone
Request Tour
Request Info

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