Prime slice of downtown Aledo in the valuable Downtown Business (DB) Zone which allows Hotel, Motel, Motor Lodge, Bed & Breakfast and other fabulous business options! Check out the TV show (Re)Motel on MAX for great boutique motel ideas! This lot is slated to become Commercial on the future land use map, so it’s truly the best of both worlds right now! If interested, initial designs have been completed for a gorgeous 5-unit mixed-use condominium project! Each unit would consist of 2 levels with an owner-occupied loft above plus a separate retail or commercial space below! Building plans, MEP plans and City development meeting notes would be provided to the buyer if they wish to capture the progress and upside potential on this fun, Urban mixed-use concept! Lot is along Underwood with rumored plans of a walking path nearby. Enjoy immediate access to FM 1187, HWY 20 and just 25 minutes to Ft Worth! House demolition and tree removal complete! This lot is ready!