M & M Machine Shop Real Estate 406  13^th Street / Hwy 114 Bridgeport, Texas

Approximately 1 2/3 Acres of Land…. Plus:

Improvements:

Main Shop Building, all steel construction 30’ wide by 90’ long with a full concrete floor that is 6” thick overall with crisscross of additional 6” footing with two extra rows of rebar making the floor 12” thick in many places. (3) large sliding doors for access. East door is 15’ High x 15’ wide.  North side (east door) is 15’ high x 20’ wide. North side (west end) door is double sliding 13’ high x 12’ wide.  The north door (west side) has a dock bay that is 3’ high.

Eave height is 13’ for extra tall work area.  Built in approximately 1990.  Electric power is 3 phase 220/440 volts.  Natural gas is available but is not on the property at this time.

Office, storage building, cinderblock sidewalls and wood rafter construction 28’ wide by 40’ long, one overhead door for automobile entrance or storage.  (1) rest room.

Residence, Palm Harbor Home (1989), 2 Bedroom 2 bath 16’ wide by 66’ long, single car carport, many nice shade trees.

Vacant Property:  To the south of the Main Shop Building there is a large area that can be utilized for future expansion, parking, storage or whatever is needed by the new owner.  At present it is covered with all weather material for traveling in practically any size vehicle and has access to 13^th Street and 14^th Street.

 Location:

406  13^th Street / Also know as Hwy 114, just 4 blocks south of the main downtown business area.  Also, 14^th street abuts the east property line giving full access from two city streets.  All property is located within the city limits of Bridgeport.

 LEGAL DESCRIPTION OF REAL ESTATE

 The surface estate only, less all oil, gas and other minerals in and under the subject property to include All of Lots 3 and 4 of the S.A. Kaker Addition to the City of Bridgeport, Wise County, Texas according to the plat thereof recorded in Volume 4, Page 12, Plat Records of Wise County, Texas.  Lot # 3 dimensions are approximately 133 feet north to south by 100 feet east to west.  Lot # 4 dimensions are approximately 133 feet north to south by 104 / 108 feet east to west.

 Additionally:

The Surface Estate Only, in and To:  Being 0.655 acres of land out of the Rebecca Coleman Survey, Abstract No. 155, in Wise County, Texas, more particularly described as:

BEGINNING at an iron pin which is 2675.82 feet South and 1696.76 feet East of the Northwest corner of said Rebecca Coleman Survey;

THENCE South 0 deg 20’ West 132.5 feet to an iron pin;

THENCE North 89 deg. 49’ West 200.5 feet to an iron pin in the East right of way line of the old Highway No. 114;

THENCE North 9 deg. 05’ West along said right of way line 138.79 feet to an iron pin for corner;

THENCE South 88 deg. 40’ East 223.23 feet to the place of Beginning, and being the same land conveyed by Vernie Lee Jordan et us to C.W. Henderson et al, by deed dated January 14, 1963, of record in Volume 251, Page 163, of the deed Records of Wise County, Texas, and by Claude Wayne Henderson et ux to Shaw Equipment Company by deed dated July 25, 1973, recorded in Volume 320, Page 345, Deed Records of Wise County, Texas.

All of the above Real Estate covers approximately 1 2/3 acres of land.

 Property Know As 406  13^th Street / Hwy 114 in Bridgeport, Texas

Terms and Conditions of Sale for Real Estate:

Financing:  This Real Estate is being sold for CASH payable in Full at Closing, not contingent upon Buyer obtaining financing.

Escrow:  $5,000.00 escrow deposit required.

Title: Owners Policy of Title Insurance furnished and paid by Seller.

Survey: At Buyer’s expense if required.

EPA: No EPA study or inspection will be made by Seller and property will sell without regard to finding of any EPA potential or real problem(s).  Buyer is purchasing at his own risk.  Seller is selling As-Is.