1601 1st Street, Palacios, TX 77465 - Matagorda County

An incredible opportunity awaits at 1601 1st Street in Palacios, TX, featuring a manufactured home and a restaurant on approximately 3 acres, offered at $600,000. The manufactured home provides versatility for owner-occupancy, rental income, or staff housing, adding an extra revenue stream to this prime investment. Situated across from Palacios Community Medical Center, the restaurant space is ready for a new concept or continued use, making it ideal for an owner-operator or investor. The expansive acreage offers potential for future development, expansion, or alternative business opportunities. A current tenant operates on a month-to-month lease, allowing flexibility for the new owner to continue leasing or take over the space. With a strategic location and multiple income possibilities, this property is a rare find in a growing area. Don't miss out on this unique investment-contact us today for more details or to schedule a tour!