An exceptional opportunity to acquire a versatile, income-producing commercial property in the rapidly growing Newark area of Wise County or owner-occupy the property at tenant's lease expiration in 2027. Located along FM 3433 just approximately 1,600 feet north of the FM 718 intersection, this offering combines a substantial industrial facility with an adjacent residential property, creating a unique investment, owner-user opportunity. 1600 FM 3433 features approximately 7,500 SF of Class B industrial improvements on approximately 0.337 acres, with a highly functional layout designed to accommodate contractors, trades, automotive users, manufacturing, warehouse operations, and a variety of industrial users. The building includes six overhead doors, approximately 1,300 SF of finished office space, a kitchenette and half bath, loft space, industrial shelving, air-compressor plumbing connections, and crane-ready structural beams. Additional improvements include a 20' x 50' five-stall shed with approximately 200 SF of finished, electrically equipped space, providing valuable additional storage, workspace, or fleet capacity. The property also benefits from an on-site water well and sewer, concrete construction, metal siding, and abundant parking. This property offers significant flexibility for a variety of commercial and industrial uses. 1615 FM 3433 adds approximately 1.475 acres and two water wells, and three septic systems.