401 E Reed

Description

Historical red brick building located on the northeast corner of the Red Oak Town Square. The building has recently had new windows installed to include roof replacement and repairs. The building rests on a solid foundation with sturdy floors and it lies ready for a new owner. There is so much to offer here for a fraction of the cost of a new building It was nearing the end of the nineteenth century, and Red Oak was "on the move". The new railroad was causing a big change in Montgomery County, and Red Oak was rushing to meet those needs. The year was 1880. To fill the demand, a new brick building was going to be built at 401 Reed Street, which was located on the Northeast corner of the Town Square. The first floor was designated to be a grocery and dry goods store. The second floor housed professional offices for the community. The basement was left for storage to be utilized by both floors. Through the years the building has saw many different uses, however, the building has always been meticulously maintained. The foundation is in solid shape considering the years. The brick tuckpointing has been kept up, even though there are some small areas that may need some attention. Overall, this red brick building has recently saw all new windows installed, roofing replacement and repairs have been completed and the level flooring is very solid. At the rear of the building an addition was built back in 1974 to house a new planetarium that was planned for school kids of all ages to come and see the stars. But as times change so do the tenants. Like in every rural community that see population shifts and basic needs changing, buildings are repurposed in new and meaningful ways. For this building there are many avenues to be considered for the next tenant. The sky is the limit for new ideas. This building can be purchased for a fraction of the cost to build a new one and the seller is open to financing suggestions. Please consider this investment opportunity and carry on the legacy this building has to offer. If only buildings could talk and what a story they would tell!