101 Wallace Street Lone Oak, TX 75453

Previous Listing Price: $72,500

About this home

Property Overview

Prime .25-acre commercial corner lot located at the intersection of Hwy 69 South and Wallace Street in the growing community of Lone Oak, offering excellent visibility and high traffic exposure. Zoned as a commercial city lot with storage as an approved use, the property has previously operated as a successful snow cone stand, showcasing its potential for retail, food service, or other small business opportunities. Utilities are already in place with active water and electricity meters, along with access to city sewer, water, and trash services. This highly accessible corner location is just minutes from Lake Tawakoni and situated within a desirable school district, making it an ideal investment or business location in a rapidly developing area. The size and layout also make it a great option for a small office or professional space with strong visibility. An additional adjacent approximately .20-acre parcel may be available in the future, offering potential for expansion (buyer to verify).