1617 K Ave, Plano, TX 75074

Listing agent John Withers License #TX 557920

Listing office Stag Commercial

Listing date Dec 5, 2024

Source Crexi

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Overview

This historic property, known as the Forman home, is situated on over half an acre in Plano's downtown area. Designated as a local Heritage Landmark, it may be eligible for the Heritage Tax Exemption program. The property was meticulously restored in 1992, preserving original features such as oak and pine floors. Constructed in 1867, the building exemplifies Greek Revival architecture. The two-story structure currently houses a retail business on the first floor, with the second floor containing two meeting rooms, a full kitchen, and a private residence. A coach house is located on the property and is currently leased to a separate business. The property is located within a few blocks of Plano's local business district, which includes shops, pubs, and upscale apartments. As a designated local Heritage landmark, any exterior alterations, repairs, renovations, new construction, and additions are subject to approvals. The property participates in the City's Heritage Tax Exemption, and the new owner will need to submit an application to continue receiving the benefits. The property size is 5834 square feet.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Daycare Center Gym & Fitness Center Skin Care Clinic

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

Location Insight

• Map
• Local Demand

City

Plano

County

Collin

State

Texas

Longitude

-96.6996922

Latitude

33.0225299

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FAQs

What type of property is this?

Mixed-use property - Historic mixed-use property with retail and residential spaces.

Where is this mixed-use property located?

The property is located at 1617 K Ave Plano, TX.

What is the asking price?

The asking price for this property is $1,375,000.

What are key features of this property?

This property features: Designated local Heritage Landmark, eligible for Heritage Tax Exemption.; Historic 1867 Greek Revival architecture, Plano's oldest house.; Located on over half an acre in historic downtown Plano, near shops, pubs, and apartments.