206 E Louisiana Street, McKinney, Texas 75069
- $2,995,000
- 5,350
- SqFt
- List Price
- $2,995,000
- MLS#
- 20716159
- Status
- ACTIVE
- Type
- Commercial
- Year Built
- 1900
- Construction Status
- Preowned
- Acres
- 0.07
- Living Area
- 5,350
- County
- Collin
- City
- McKinney
- Subdivision
- Mckinney Original Donation
Property Description
Rarely does such an opportunity make itself available. Welcome to 206 E. Louisiana St, mere steps from the bustling and Historic Downtown McKinney Square. Built in 1900 and providing modern amenities, the building's first floor contains nearly 2,000 SF of retail space, while the upstairs and back portion of the first floor contain rentable office space totaling 3,300 SF. There are 13 separate office spaces, a break room, and storage available for an owner to utilize or rent out. The retail space has a current NNN lease in effect through Sept 2025. Building highlights include proximity to McKinney Square, original wood floors throughout, vaulted ceilings and historic charm with updated plumbing, wiring, and HVAC units. This is an incredibly rare opportunity to own a retail building with exceptional character in the Historic Downtown McKinney Square! All square footage measurements are approximate. Please do not disturb tenants and retail business. Contact listing agent for all showings.
Additional Information
- Unexempt Taxes
- $21,405
- Gross Annual Expenses
- 40344
- Gross Annual Income
- 169524
- Tenant Pays
- Insurance, Taxes
- Lot Size
- 2,874
- Subdivided
- No
- Flooring
- Wood
- Foundation
- Slab
- Roof
- Composition
- Building Stories
- 2
- Walls
- Plaster
- Ceiling Height Type
- 15 to 20 Feet
- Street Utilities
- Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Connected, Individual Water Meter, Sidewalk
- Heating Cooling
- Electric
- Construction Material
- Brick, Wood
- Parking Garage
- Common, On Street, Parking Lot
- Road Frontage Desc
- City Street, Sidewalk
- Building Sq. Ft.
- 5350
- Number of units
- 1
- Leasable Sq Ft
- 5350
- Building Use
- Office, Retail
- Zoning
- Commercial
- Possession
- Closing/Funding
Mortgage Calculator
Listing courtesy of Jp Findley from Rogers Healy and Associates. Contact: 214-418-0455