109 Locust Street Aledo, TX 76008

**LAND FOR SALE 199,950** Welcome to Aledo Loftworks, a unique spin on the mixed-use concept designed in collaboration with the City of Aledo for this great corner lot! Come capture the upside potential on this project with initial designs complete for a gorgeous 5-unit condominium complex, each unit consisting of an owner-occupied loft above plus a separate retail or commercial space below! The loft portion of the unit is eligible for Homestead exemption. Future owners will enjoy living in growing Aledo and the opportunity to run their own business in the space below. FYI, Motels are allowed use in the DB Zone. Immediate access to FM 1187, HWY 20, and just 25 minutes to Ft Worth! Documentation included with the purchase includes concept site plan, building plans, MEP plans, Aledo Pre-Development meeting slides, Aledo Development Review letter, initial condo creation & declaration paperwork (not finalized), and an initial survey. House demolition and tree removal are complete! This lot is ready! MLS# 20355074 $249,950

Realtor 206.499.7840 Becky Reed becky@reedteamrealestate.com