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$995,000
Est. payment /mo
0.5 Acres Lot
UPDATED:
10/28/2024 11:09 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Subdivision Pettis Uc Add
MLS Listing ID 20733004
Total Fin. Sqft 1520
Year Built 1930
Annual Tax Amount $9,202
Lot Size 0.500 Acres
Acres 0.5
Property Description
Own a piece of Prosper's history with this fully renovated, commercially zoned 1930s property in the heart of downtown. This charming space features a commercial-grade kitchen, a spacious lot with privacy gates, and its own parking lot. Additionally, there's a freestanding 2100 sf warehouse, perfect for generating extra income. The property is currently leased on a month-to-month basis to a long-standing, locally owned business, and the upstairs loft provides ideal space for an office or storage. Located in bustling downtown Prosper, this property offers prime visibility for an investor or new business looking to capitalize on the area's growth. Recent updates include a complete renovation, with new ductwork and electrical systems in place.The current tenant is open to exploration of signing a new , longer-term lease with the future owner, while the current owner is also offering to lease the warehouse for $2,000 per month, creating an additional revenue stream.
Location
State TX
County Collin
Zoning Commercial
Direction from Dallas toll Road E. on First street Or From Preston W. to First street
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Wood
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Metal,Other
Garage No
Building
Foundation Pillar/Post/Pier
Structure Type Brick,Wood,Other
Others
Ownership Bw Epic Properties LLC
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Listed by Tiffany Smith • Compass RE Texas, LLC
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