Whether you’re looking for a sprawling estate to call home or an investment property, office or commercial property look no further than this Historic home. This 100 +- year estate features over 4,000 sqft of heated and cooled space on .6 of an acre. Previously used as an Assisted Living. Possibilities are endless with NO Zoning rules in Groesbeck. Great opportunity for daycare facility, LTC, electric-car charging area, event venue and so much more. Just 45 minute straight shot to Baylor University which would be great for an Air BNB! Main home features hardwood floors, custom lighting, tin ceiling, natural woodwork, built ins and large closets. Current owner did extensive renovations including spray foam insulation, full interior renovation which included restoring hardwood floors, foundation, HVAC and so much more. LARGE LOT with space to add parking for commercial or mixed use! Avg traffic count on HWY 14 & 164 roughly 7,000 to 9,000 cars daily.