206 Louisiana St, McKinney, TX 75069

5,350 SF | 40% Leased | Retail Building | McKinney, TX 75069 | $2,995,000 ($560/SF) | 4.31% Cap Rate

Asking Price $2,995,000

Sale Condition
1031 Exchange
Property Type
Retail
Square Feet
5,350 SF
Price / Square Foot
$560

Listing Contacts

JP Findley

Property Overview

Rarely does such an opportunity make itself available. Welcome to 206 E. Louisiana St, mere steps from the bustling and Historic Downtown McKinney Square. Built in 1900 and providing modern amenities, the building's first floor contains nearly 2,000 SF of retail space, while the upstairs and back portion of the first floor contain rentable office space totaling 3,300 SF. There are 13 separate office spaces, a break room, and storage available for an owner to utilize or rent out. The retail space has a current NNN lease in effect through Sept 2025. Building highlights include proximity to McKinney Square, original wood floors throughout, vaulted ceilings and historic charm with updated plumbing, wiring, and HVAC units. This is an incredibly rare opportunity to own a retail building with exceptional character in the Historic Downtown McKinney Square! All square footage measurements are approximate. Please do not disturb tenants and retail business. Contact listing agent for all showings.
Seller Financing available upon request.

Property Details

Class
C
Year Built
1900
Stories
2
Property Subtype
Storefront Retail/Office, Loft/Creative Space
Lot Size (sq. ft)
3,049 SF

Highlights

  • Exceptional Historic Downtown McKinney location, heavy foot traffic, retail and office space, modern amenities.

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