204 Mccart St, Krum, TX 76249

Property Details for 204 Mccart St

Year built

1960

Property type

Retail space

Property subtype

Storefront properties

Description

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.

Location Insight

City

Krum

County

Denton

State

Texas

Longitude

-97.238558078185

Latitude

33.261709189814