Active

505 S Chestnut Street

Mc Kinney TX, 75069

$499,000


$321.52 per sqft

Active

1,552 sqft

Commercial

Built in 1915

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.

20728240

MLS ID

December 11, 2024

Updated

Map

505 S Chestnut Street
Mc Kinney TX, 75069

Interior Features

Total Stories

1


Floor Description

Wood


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.27 Acres


Roof

Composition


Sewer

Public Sewer

Other Property Details

Taxes

$3,576


Tax Frequency

Annually


Days on Market

87


Garage

No


Parking

Carport, Driveway


View

No


County

Collin


Water Source

Public


Pool

No

Listed by Wesley Haile with Russell Realty
Listing Contact: 972-562-8883 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 12/11/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 12/11/2024 at 8:51 PM UTC

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