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    119 W Virginia St McKinney, TX 75069

    For Sale
    $350,000

    Business - McKinney, TX

    Type:Business
    Lot size:
    0.11 Acres
    Days on Market:
    92
    Last Refresh:
    Dec 8 at 12:06 pm

    Property Features for 119 W Virginia St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    N/A
    Parking features
    Driveway
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Electric (Heating), Natural Gas
    Cooling system
    Electric

    Building Details

    Year built
    1988
    Flooring type
    Brick, Concrete
    Building materials
    Block, Brick, Concrete
    Roof type
    Flat
    Architectural style
    Other

    Douglas Hayward Smith (972) 979-8413

    Listing agent Rawan Ahmad (972) 979-8413 License #0775441

    Listing date Sep 8, 2025

    MLS# 21054322 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant in Downtown McKinney

    This is an opportunity to own a thriving restaurant in a prime location in downtown McKinney. The two-story restaurant includes a private space upstairs suitable for parties and special occasions, accommodating up to 50 people. The total capacity for both upstairs and downstairs is 209 people. The restaurant features a fully equipped kitchen and has an established reputation with a loyal customer base and great reviews. On-site street parking is available. The location offers growth potential, with a population of 224,183 and an annual expansion rate of 2.44%. This restaurant is ready for a seamless takeover.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    McKinneyEast Real Estate Developer New American Funding ... Mortgage Lender New American Funding ... Mortgage Lender New American Funding ... Mortgage Lender Hawkins Construction LLC. Construction Company

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Spartan Meals, Hollis Texas Style BBQ

    Location Insight

    • Map
    • Local Demand
    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.616501
    Latitude
    33.197746

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    FAQs

    What type of property is this?
    Restaurant - Thriving restaurant in a prime downtown McKinney location for sale.
    Where is this restaurant located?
    The property is located at 119 W Virginia St McKinney, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Prime location in downtown McKinney.; - Established restaurant with loyal customer base and great reviews.; - Fully equipped kitchen for a seamless takeover.
    (972) 979-8413
    Request Owner's contact information
    119 W Virginia St McKinney, TX 75069
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    McKinney, TX 75069
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 W Virginia St McKinney, TX 75069
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