Former Texas Armory, 15,620± Sq. Foot, 5.725± Acre, Mexia, TX, 11AM, Wed. October 19, CDT

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Property Location :

500 E. Tyler Street, Mexia, TX 76667

Auction Location :

On-site

Auction Schedule :

11:00 A.M. Wednesday, October 19 CDT

Preview :

1:00 P.M. – 5:00 P.M. Friday, September 30 CDT

9:00 A.M. – 1:00 P.M. Saturday, October 1 CDT

Terms:

10% Due Day Of Sale

Balance Due At Closing On Or Before 30 Days

10% Buyers Premium

$5,000 Bidders Deposit (Cashier’s Check, Personal Check, Company Check, Money Order, etc.) or $5,000 Credit Card Authorization for Online Bidding.  Bidders will retain their checks until the close of the auction.  10% Earnest Money Deposit of the Total Contract Price (High Bid Price + 10% Buyer’s Premium).  Remainder in Cash at Closing.  Closing to be within 30 days of Texas Military Department approval.         

Details:

Former State of Texas National Guard Armory – Multiple Future Uses!

We are proud to bring to market the former Texas National Guard Armory in Mexia, Texas.  The is a single-story, 15,620± square foot building on 5.725 acres.  Masonry construction with metal frame windows and storefront.  Roof and building remodeled in 2012; roof repaired in 2016.  Building has offices, classrooms, assembly hall, restrooms, showers with lockers, commercial kitchen, storage and secure vault.  Site has a paved parking area and site is well landscaped.  Frontage on Tyler Street is 580 feet and frontage on Bonham Street is 430 feet.  Building is in good condition and welcomes a number of uses including public use, commercial and industrial uses. Current Zoning is R, Division 1, Residential.  Any commercial or industrial use (non-public) would require rezoning.  Mexia City Park is across Tyler Street to the north and uses to the south include Mexia City Park, office building and single-family residential to the west across Bonham Street, and rural single-family residential to the east.  A convenience store on the opposite NW corner. Park View Hospital is directly north of the convenience store on Bonham Street.  Offices and classrooms are air conditioned, heating is by natural gas.  Future uses might include public agency use, education, recreation/gymnasium, or other commercial/industrial uses.  Bid your price at the auction or online and buy now below replacement cost  All pre-auction offers considered.

Directions :

From Texas Highway 14, go east on US 84 (Milam St.).  Turn South onto Bonham Street.  Go 1 mile south to the intersection of Bonham and Tyler Street.  Site is at the SE corner of Tyler and Bonham Streets.

Property Information Package:

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