213 MCKINNEY AVENUE, PRINCETON, TX 75407

Homes for sale in Princeton.

Homes for sale in 75407.


213 Mckinney Avenue

Princeton, TX 75407

Active

List Price$550,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21237080

1,833

Square Feet

1

Number of Units

Commercial

Type

About This Property

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.

Property Features

Location Information

County

Collin

Subdivision

Princeton Original Donation

Interior Features

Has Fireplace

No

Tenant Pays

All Utilities

Heating

Central

Total Number of Units

1

Cooling

Central Air, Electric

Accessibility

Accessible Approach with Ramp

Floors

Luxury Vinyl Plank

Exterior Features

Construction

Frame, Wood Siding

Lot Size in Acres

0.224

Foundation

Pillar/Post/Pier

Lot Size in Sq. Ft.

9,757

Roof

Composition, Shingle

Possible Best Use

Office, Other, Retail

Utilities

Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Water Available

Zoning

SF-1 / DT-C (Downtown Core) City of Princeton

Security System

Prewired

Building Total Area (Sq. Ft.)

1,833

Parking Description

Aggregate, Gravel, On Site, Outside

Is One Story

No

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Tax Annual Amount

4138.0

Property SubType

Office

Exclusions

Personal property.

Year Built

1952

Lot Acres Source

Public Records

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Mortgage Calculator

$2,567

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,981

Monthly Tax

$458

Monthly Insurance

$128

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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