212 E BROADWAY STREET, PROSPER, TX 75078
Homes for sale in Prosper.
Homes for sale in 75078.
List Price$1,200,000
212 E Broadway Street
Prosper, TX 75078
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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