212 E BROADWAY STREET, PROSPER, TX 75078

Homes for sale in Prosper.

Homes for sale in 75078.


Status of the property has changed, please contact for details

List Price$1,200,000

212 E Broadway Street

Prosper, TX 75078

Listing Image Listing Image

Listing #21050835

2,563

Square Feet

9

Number of Units

Commercial

Type

About This Property

This property is positioned for both the investor and owner user in mind. For the investor perspective, the leases are short term and low with potential to grow the rents hitting a solid cap rate by year 3. Ask for the Projected Performance we created and comps for executive suites in the area .For owner user perspective, the current leases are short term and a new owner can ride out tenants current leases and occupy the whole building within two years. For a blend of both, an owner user can utilize what they need for their own purposes and lease out to other tenants what they do not need to use offsetting there mortgage cost. Inquire about the 10 year investor Pro Forma and the City of Prosper plans to widen Broadway St.

Property Features

Location Information

County

Collin

Subdivision

Bryants First Add

Interior Features

Has Fireplace

No

Floors

Luxury Vinyl Plank

Heating

Central, Electric

Total Number of Units

9

Cooling

Central Air, Electric

Exterior Features

Construction

Concrete

Lot Size in Sq. Ft.

10,802

Foundation

Slab

Possible Best Use

Office

Roof

Composition

Zoning

Downtown Office

Parking Description

Driveway, On Site, Parking Lot

Building Total Area (Sq. Ft.)

2,563

Lot Size in Acres

0.248

Is One Story

No

Additional Information

Year Built Details

Preowned

Status

Closed

Property Type

COM

Tax Annual Amount

11198.0

Property SubType

Office

Lot Acres Source

Public Records

Year Built

2017

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