505 S Chestnut ST Active

Mckinney,TX 75069

$ 450000

- Bed

- Bath

1552 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,552 sqft

Price per Sqft $289

Subdivision Shorts Add

MLS Listing ID 20728240

HOA Y/N No

Year Built 1915

Annual Tax Amount $3,576

Lot Size 0.269 Acres

Acres 0.269

Property Sub-Type Retail

Property Description

The property is zoned BN . Business Neighborhood. , The lot is in a prime area with the redevelopment of the HWY 5 corridor in McKinney. The lot is 11,717 sq ft. Currently there is a 1552 sq ft home located on the lot, this has great potential for a rental property. The buyer can rent out this property until the property is developed to commercial.. This is a great opportunity to purchase an investment property on HWY 5. Just across the street, a Starbucks is being built. The new City Hall of McKinney is located just north of this location along with a Mixed use development. Just south of this location is a Strip retail center under construction. Schedule your tour today.

Location

State TX

County Collin

Zoning BN

Direction Traveling North on Hwy 5 in McKinney, Turn left onto Short St, Turn right on to S Chestnut the property is on the left.

Interior

Heating Natural Gas

Cooling Wall/Window Unit(s)

Flooring Wood

Inclusions Building Only,Land Only

Fireplace No

Exterior

Parking Features Carport,Driveway

Utilities Available Cable Available,Electricity Connected,Natural Gas Available,Sewer Available,Separate Meters,Water Available

Water Access Desc Public

Roof Type Composition

Road Frontage City Street,Highway

Building

Story 1

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Others

Tax ID R094101800201

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20728240

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