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    Downtown McKinney Mixed-Use Building Title is generated by Realmo AI

    205 W Louisiana Street, McKinney, TX 75069

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    For Sale
    $7,000,000

    Mixed-use building in vibrant Downtown McKinney, 100% leased.

    Type:Commercial/Industrial
    Property size:
    29,680 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $235/SF
    Added:
    Mar 12, 2026
    Days on Market:
    92
    Last Refresh:
    Apr 6 at 3:01 am

    Property Features for 205 W Louisiana Street

    General Information

    Standard status
    Active
    Size
    29,680 SF
    Lot size
    0.35 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    2017

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    Listing Contact
    Rhonda Borgne
    Rhonda Borgne

    Listing agent Rhonda Borgne License #0560610

    Listing office My City Real Estate LLC

    Listing date Mar 12, 2026

    Source Exitrealty

    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 My City Real Estate LLC

    HighLights

    • 100 percent leased, providing immediate income.
    • Located in the heart of vibrant Downtown McKinney.
    • Home to established businesses including a spa, distillery, and hotel auxiliary units.
    • Includes executive business offices.
    • Spectacular building.
    • Private and gated underground parking.

    Overview

    Located in the heart of Downtown McKinney, this mixed-use building offers a rare opportunity. The 29,680 square foot property is currently 100 percent leased. The building houses a variety of tenants, including food and beverage businesses, a day spa, a distillery, hotel auxiliary units, and executive business offices. The property also features private and gated underground parking.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $715.9k $24.12
    − Vacancy −$34.4k −$1.16
    EGI $681.5k $22.96
    − OpEx −$204.5k −$6.89
    NOI $477.1k $16.07
    29,680 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $6.82M
    $5.96M – $7.95M (±1% cap)
    NOI $477,063 @ 7.0% cap · market cap 6.82%
    Second Best
    Mixed Use
    $6.30M
    $5.51M – $7.35M (±1% cap)
    NOI $440,748 @ 7.0% cap · market cap 6.30%
    Theoretical Best
    Office A
    $8.34M
    $7.30M – $9.74M (±1% cap)
    NOI $584,102 @ 7.0% cap · market cap 8.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Puhl Law Group, ... Law Firm Law Office Of Scott ... Law Firm Suzanne Wooten of North ... Mediation Service Abby Foster Law Firm Edward Jones - Financial ... Financial Advisor

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.617
    Latitude
    33.197

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in vibrant Downtown McKinney, 100% leased.
    Where is this mixed-use property located?
    The property is located at 205 W Louisiana Street McKinney, TX.
    What is the asking price?
    The asking price for this property is $7,000,000.
    What are key features of this property?
    This property features: 100 percent leased, providing immediate income.; Located in the heart of vibrant Downtown McKinney.; Home to established businesses including a spa, distillery, and hotel auxiliary units.
    More about this property
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