213 Mckinney Ave, Princeton, TX 75407

$550,000

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List Price
$550,000
MLS#
21237080
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1952
Construction Status
Preowned
Acres
0.22
County
Collin
City
Princeton
Subdivision
Princeton Original Donation

Property Description

Situated on almost a half an acre with approximately 1800 SF of space, this property has been fully permitted and transitioned from residential to commercial use, offering a seamless opportunity for immediate occupancy or investment. Completely rebuilt from the ground up, the interior features all-new foundation, framing, walls, bathrooms, electrical, and plumbing, delivering an almost new asset with no deferred maintenance. With every interior component newly constructed, the property is ready for occupancy, minimizing downtime and upfront capital expenditures. The recent renovation was performed for a spa-salon-massage therapy business, and includes a kitchen, two restrooms, tankless gas water heater, washer and dryer connections, two shampoo bowl connections, a partially completed shower, ample storage areas, waiting area, three points of entry, and parking area. Strategically positioned in the downtown district at the southwest corner of McKinney Avenue and N 3rd Street, the site benefits from strong visibility, accessibility, and corner presence, key drivers for long-term value. Ideal for a salon spa, retail boutique, café, office, short-term residential such as an AirBnB, or future redevelopment, this property offers both immediate functionality and long-term upside in a high-exposure location. Please review the Commercial Property Condition Statement and Offering Memorandum for additional details. Prospective buyers and their representatives are responsible for conducting their own due diligence, which includes consulting with authorities, confirming access to utilities, and zoning confirmation. This information is not to be considered a substitute for professional guidance and independent verification.

Additional Information

Unexempt Taxes
$4,138
Lot Size
9,757
Acres
0.22
Flooring
Vinyl
Foundation
Pillar/Post/Pier
Roof
Composition, Shingle
Building Stories
1
Parking Garage
Aggregate, Gravel, On Site, Other
Possession
CloseOfEscrow, Negotiable
Proposed Use
Office, Other, Retail
Inclusions
Land & Improvements

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Calculator source: Real Geeks

Listing courtesy of Angela Harwell from Coldwell Banker Apex, REALTORS. Contact: 214-578-0087