McKinney, TX 75069 505 S Chestnut Street
$450,000
6 more
Presented By: Wesley Haile with Russell Realty; 972-562-8883
Home Details
The property is zoned BN . Business Neighborhood. , The lot is in a prime area with the redevelopment of the HWY 5 corridor in McKinney. The lot is 11,717 sq ft. Currently there is a 1552 sq ft home located on the lot, this has great potential for a rental property. The buyer can rent out this property until the property is developed to commercial.. This is a great opportunity to purchase an investment property on HWY 5. Just across the street, a Starbucks is being built. The new City Hall of McKinney is located just north of this location along with a Mixed use development. Just south of this location is a Strip retail center under construction. Schedule your tour today.
Presented By: Wesley Haile with Russell Realty; 972-562-8883
Interior Features for 505 S Chestnut Street
Other Interior Features
SQFT Gross11712
Lock Box TypeCombo
FlooringWood
Total Stories1
Total Units1
General for 505 S Chestnut Street
Building UseOther
Business TypeOther
Ceiling Height8 to10 Feet
CityMcKinney
Construction MaterialsFrame, Wood
CoolingWall/Window Unit(s)
CountyCollin
DirectionsTraveling North on Hwy 5 in McKinney, Turn left onto Short St, Turn right on to S Chestnut the property is on the left.
Gross Annual Expenses0.00
HeatingNatural Gas
Insurance Expense
Occupant TypeOwner
Operating Expense IncludesOther
Owner PaysAll Utilities
PossessionClosing/Funding
Property SubtypeRetail
Property TypeCommercial Sale
RoofComposition
Standard StatusActive
StatusActive
Subdivision NameShorts Add
Tenant PaysAll Utilities
Unexempt Taxes3576
UtilitiesCable Available, City Sewer, City Water, Electricity Connected, Individual Gas Meter
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1915
Year Built DetailsPreowned
Zoning DescriptionBN
Exterior for 505 S Chestnut Street
Building Area Total1552.00
Construction Materials WallsOther
Foundation Pillar/Post/Pier
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.2690
Lot Size Area0.2690
Lot Size SourceAssessor
Lot Size Square Feet11717.6400
Lot Size UnitsAcres
Parking FeaturesCarport, Driveway
Road Frontage TypeCity Street, Highway