From the time it was constructed, the Farmers and Merchants Bank has been a focal point of the Pilot Point town square. The Merchant & Farmers Bank building exhibits elements from Romanesque Revival, Tudor Revival, and Beaux Arts styles. Regarded by many as one of the most architecturally significant historical buildings in Texas, the offering consists of 2 very distinct buildings that were built in tandem in the late 1800's. The structures are connected and form one 10,000-square-foot structure. Th 2nd floor has 2 one-bedroom apartments.Opportunities exist for tax rebates and grants to restore the property. The property would be an ideal location for a restaurant, retail, Air B&B, offices, apartments, a bank, etc.. Showings require 48 hours advanced notice, pre-approval letter, and proof of funds before touring the property. See the attached master plan for a detailed study that was done on the property by Quimby McCoy Architects. Owner financing is available to qualified buyers.
Mls | 20595205 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1896 |
Days On Site | 213 |
Listing Provided By | David Griffin & Company | William Griffin |
Sq Feet | 10,457 |
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Storys | 2 |
Units | 1 |
Zoning | MF Dwelling |
Acreage | 0.43 |
State | TX |
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County | Denton |
City | Pilot Point |
Zip Code | 76258 |
Area | Denton |
Community Name | O T Pilot Point |
Listing VS Median (in O T Pilot Point) | |
Price: $695,000 low | high Med: $695,000 SqFt: 10,457 low | high Med: 10,457 $ / SqFt: $66 low | high Med: $66 On Site: 213 low | high Med: 213.000000 |