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Versatile Commercial Property in Downtown Princeton
For Sale
$550,000

213 McKinney Avenue, Princeton, TX 75407

Fully renovated commercial property ideal for various business ventures.

Property Size1,833 SF
Lot Size0.50 Acres
Price / SF$305.56
Days on Market109

Property Features for 213 McKinney Avenue

General Information

Standard status Active
Size 1,833 SF
Lot size 0.50 Acres
Property subtype Commercial
Zoning SF-1 / DT-C (Downtown Core) City of Prin

Building Details

Building Size 1,833 SF
Year Built 1952
Stories 1
Units 1
Listing Agency: Coldwell Banker Apex, REALTORS
Listed By: Angela Harwell · License #681213
Source: Signaturere
Added: Apr 22 Changed: Aug 8 Last Checked: Aug 8 at 6:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Apex, REALTORS

Investment Insights

Based on property information with market context.

This property, situated on almost a half an acre, offers approximately 1800 SF of space. It has been fully permitted and transitioned from residential to commercial use, presenting an opportunity for immediate occupancy or investment. The interior has been completely rebuilt from the ground up, featuring a new foundation, framing, walls, bathrooms, electrical, and plumbing. This delivers an almost new asset with no deferred maintenance. Every interior component is newly constructed, minimizing downtime and upfront capital expenditures. The recent renovation was performed for a spa-salon-massage therapy business and includes a kitchen, two restrooms, a tankless gas water heater, washer and dryer connections, two shampoo bowl connections, a partially completed shower, ample storage areas, and a waiting area. It also features three points of entry and a 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. This property is ideal for a salon spa, retail boutique, café, office, short-term residential such as an AirBnB, or future redevelopment, offering both immediate functionality and long-term upside in a high-exposure location.

Key Highlights

  • Fully permitted commercial conversion on almost half an acre in the downtown district.
  • Completely rebuilt interior with new foundation, framing, walls, bathrooms, electrical, and plumbing.
  • Strategic corner location at McKinney Avenue and N 3rd Street with high visibility and accessibility.**

Property Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Plumbing Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby
Under-served
Demand for This Use

Demographics for 75407, TX

25,738
Population
10,095
Households
2.5
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
49.9 sq mi
ZIP Area
516
Density / Sq Mi
$92,076
Median Household Income
$48,912
Median Earnings
$1,867
Median Rent
$307,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Spa & wellness property - Fully renovated commercial property ideal for various business ventures.
Where is this spa & wellness property located?
The property is located at 213 McKinney Avenue Princeton, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Fully permitted commercial conversion on almost half an acre in the downtown district.; Completely rebuilt interior with new foundation, framing, walls, bathrooms, electrical, and plumbing.; Strategic corner location at McKinney Avenue and N 3rd Street with high visibility and accessibility.**
More about this property
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