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204 Mccart St Krum, TX 76249

For Sale
$630,000

Prime retail space, high growth area.

Property size:
4,375 SF

Description

Added:
Dec 11, 2024
Days on Market:
362
This exceptional 4,375 square foot storefront property in Krum, Texas, presents a unique investment opportunity. Located at 204 W McCart St, in Old Town Krum, this single-story, 1960-built building sits on a commercially/residentially zoned lot near the main intersection of FM 156 and FM 1173. Currently configured as four units – two retail/office spaces (approximately 1,300 sq ft each) and two apartments (approximately 890 sq ft each with garages) – the property offers immediate income potential through leasing. The retail spaces can be combined for up to 4,375 sq ft of contiguous space. Abundant public parking is available nearby, including a city-maintained lot across the street. The property benefits from its location in a rapidly growing area, with significant residential development underway, and planned TXDOT roadway expansion to accommodate increased traffic. The city's recent approval of vertical expansion up to six stories in Old Town Krum further enhances the long-term potential of this property, making it ideal for redevelopment or continued operation as a mixed-use asset. The proximity to city hall and the police station adds to the desirability of this location. This property offers a blend of immediate income and significant future upside in a thriving Texas community. Asking price is $630,000.

Property Features for 204 Mccart St

General Information

Property type
Individual retail properties
Square Feet
4,375 SF

Building Details

Year Built
1960
Buildings
1
Stories
1
Units
1

HighLights

  • 4,375 SF mixed‑use building in Krum, TX, on a commercially/residentially zoned lot.
  • Located at the main intersection of FM 156 and FM 1173 in Old Town Krum, near City Hall and the Police Station.
  • Currently configured as four units: two 1,300 SF retail/office spaces and two 890 SF apartments with garages, offering immediate income potential.
  • High ceilings and potential to combine retail spaces for up to 4,375 SF of contiguous space.
  • Strong growth potential due to significant residential development, planned TXDOT roadway expansion, and city approval for vertical expansion up to six stories.
  • Asking price: $630,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Krum Texas Real ... Real Estate Agency

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Krum
County
Denton
State
Texas
Longitude
-97.238558078185
Latitude
33.261709189814

FAQs

What type of property is this?
Individual retail property - Prime retail space, high growth area.
Where is this individual retail property located?
The property is located at 204 Mccart St Krum, TX.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: 4,375 SF mixed-use building in Krum, TX, on a commercially/residentially zoned lot.; Located at the main intersection of FM 156 and FM 1173 in Old Town Krum, near City Hall and the Police Station.; Currently configured as four units: two 1,300 SF retail/office spaces and two 890 SF apartments with garages, offering immediate income potential.
More about this property
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