226 Elm St McKinney, TX 75069
- Commercial real estate
- 2,214 SF
- 0.17 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 226 Elm St
- Year built
- 1912
- Lot size
- 0.17 lot acres
- Property size
- 2,214 SF
- Property type
- Commercial real estate
Description
This stunning 2-story, 2,214 square foot mixed-use property, located at 226 Elm St in McKinney, Texas (75069), presents a unique investment opportunity. Built in 1912 and extensively renovated in 2019, 2023, and 2024, this traditional office space boasts a prime location in the heart of McKinney's vibrant business district, less than a two-minute drive or a ten-minute walk from the historic downtown square and farmer's market. The property sits on a 0.165-acre lot and is currently operating at 90% occupancy. The building features three bedrooms and two and a half bathrooms, making it ideal for a variety of uses, including a combination of office space and residential living, or as a short-term rental. The property is zoned for business use and is offered at $499,900, qualifying for a 1031 exchange. Its proximity to exceptional restaurants, shops, and events ensures high visibility and potential for strong rental income. This meticulously maintained property offers a blend of historic charm and modern functionality, making it an exceptional investment in a thriving Texas community. The net rentable square footage is 2,214 square feet. Don't miss this chance to own a piece of McKinney's rich history and vibrant future.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McKinney
- County
- Collin
- State
- Texas
- Longitude
- -96.6149472
- Latitude
- 33.1850603
