Paragon Realtors Real Estate

700 W Highway 82Gainesville, TX 76240Price: $2,249,000

  • Price: $2,249,000
  • 498 Days on Market
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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,249,000List Price
  • 1.01Acreage

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Listed by Natalie Graves of Prime Properties
INVESTORS here's your chance to grab an acre of multi-use commercial property in a HIGH TRAFFIC LOCATION on Hwy 82 in Gainesville just seconds from I-35! With ROAD FRONTAGE ON 4 SIDES (Hwy 82, Culberson Street, Yates and Mill Street), this is a tremendous investment and development opportunity with great visibility and easy access from main roads and intersections. Located in a thriving and fast growing area, this property offers a well established laundromat that's been in business for over 35 years, 3 houses being leased, a vacant lot, an office building and a large 30 foot advertising billboard on the corner of Hwy 82 and Culberson Street. The laundromat is owner occupied and operated and the other parcels are all being leased providing a nice income. Currently the owner is only utilizing half of the laundromat building so the other half could easily be leased out for another business. On the Southwest end of the property is a large vacant lot ready to develop to your desire. LOCATION, LOCATION, LOCATION....don't let this one pass you by!

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Based on information submitted to North Texas Real Estate Information Services as of June 9, 2026 10:50 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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