Historic Mixed-Use Landmark in
For Sale
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1617 K Ave, Plano, TX 75074
Historic mixed-use property with retail and residential spaces.
Property Size5,834 SF
Lot Size0.50 Acres
Price / SF$235.69
Days on Market642
Property Features for 1617 K Ave
General Information
Standard status
Active
Size
5,834 SF
Lot size
0.50 Acres
Property subtype
Office, Retail
Listing Agency:
Stag Commercial
Listed By:
John Withers · License #TX 557920
(940) 400-7824
Source:
Crexi
Added: Dec 5, 2024
Changed: Aug 13
Last Checked: Sep 8 at 6:21AM
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 Stag Commercial
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,498
Businesses Nearby
Explore this area
Business Placement
Demographics for 75074, TX
53,003
Population
19,362
Households
2.7
Avg Household Size
35
Median Age
42%
College-Educated
85%
High-School Grad
16.0 sq mi
ZIP Area
3,313
Density / Sq Mi
$84,185
Median Household Income
$42,523
Median Earnings
$1,678
Median Rent
$347,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
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.
