106 E Princeton Dr - Storefront Retail/Office FOR SALE


Princeton, TX 75407- Rowlett/Wylie
$1,500,000 USD
940-228-6221
106 E Princeton Dr, Princeton, TX for Sale
$1,500,000 USD
Storefront Retail/Office - FOR SALE
1/24
null | Request Cap Rate

106 E Princeton Dr
Princeton, TX 75407
Rowlett/Wylie


HIGHLIGHTS

  • Princeton ranks within the top 5 fastest growing cities in the nation as of 2024.
  • Need for medical, professional and child related activities
  • The average household income in Princeton is $105,589 - worldpopulationreview.com
  • Population has grown by 103% in last 10 years with current population of 31,523 according to worldpopulationreview.com
  • Population growth between 80,000 and 65,000 within next 10 years.
  • 36,000+ Vehicles daily along 380

OVERVIEW

Rare opportunity to own almost 1 acre in the heart of Princeton directly on 380 with additional access off McGee St! This 45' x 75' iron frame building is currently being utilized as a place worship with an 111 seat worship room, 3 rooms, 2 bathrooms, 1 break room and sound room. Its wonderful layout and additional lot for parking make it a perfect fit for an events center, childrens day care, private school, fitness center, vehicle related uses or as its present use, a place of worship. The building can easily be converted into single space or multi space medical, retail or professional office. The back lot could accommodate a building of approximately 5,000 - 6,000sf depending on use and city requirements. Building underwent major cosmetic, plumbing & electrical renovations in 2014. Ceiling height 10' on sides and 12' middle.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$500 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Day Care Center, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,381 SF

ZONING

C1/C2

APN/PARCEL ID

R-6957-006-1470-1

ASK ABOUT THIS PROPERTY

Christopher DiGinoCompass RE Texas LLCMore Info
940-228-6221

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Christopher DiGinoCompass RE Texas LLCMore Info
940-228-6221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.