McKinney, TX 75069 505 S Chestnut Street
$450,000
6 more
Presented By: Wesley Haile with Russell Realty; 972-562-8883
SQFT • 1,552
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
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
Total Stories1
General for 505 S Chestnut Street
Additional Parcels Y/NNo
Attached Garage No
AttributionContact972-562-8883
Business TypeOther
Carport Y/NYes
CityMcKinney
Construction MaterialsFrame, WoodSiding
CoolingWallWindowUnits
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.
Electric On Property Y/NNo
Garage Y/NNo
Gross Income0.0
HOANo
HeatingNaturalGas
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Leasable Area1500.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionSHORTS ADDITION (CMC), BLK 18, LOT 2
Lot Size Square Feet11717.64
Lot Size UnitsAcres
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-21T13:37:32.957-00:00
Net Operating Income0.0
New ConstructionNo
Number Of Units Total1
Occupancy TypeOwner
OwnerPaysAllUtilities
PossessionCloseOfEscrow
Possible UseOther
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubtypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Subdivision NameShorts Add
Tax Annual Amount3576.0
Tax Lot2
Tenant PaysAllUtilities
UtilitiesCableAvailable, ElectricityConnected, NaturalGasAvailable, SewerAvailable, SeparateMeters, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1915
Year Built DetailsPreowned
Zoning DescriptionBN
Exterior for 505 S Chestnut Street
Building Area Total1552.0
Crops Included Y/NNo
Foundation DetailsPillarPostPier
Horse Y/NNo
InclusionsBuilding Only, Land Only
Irrigation Water Rights Y/NNo
Lot Size Acres0.269
Lot Size Area0.269
Lot Size SourceAssessor
Open Parking Y/NNo
Parking FeaturesCarport, Driveway
Road Frontage TypeCityStreet, Highway
SpaNo
Water SourcePublic
