106 E Princeton Dr - Storefront Retail/Office FOR SALE


Princeton, TX 75407- Rowlett/Wylie
$1,450,000 USD
940-228-6221
106 E Princeton Dr, Princeton, TX for Sale
$1,450,000 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

Do not let the Price PSF based on 3,000sf determine interest in this property as you can build an additional 5,000sf single story building (zoning says it allows for 2 stories even so) building for all types of uses included upper floor residential uses! 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 utilized for single space or multi space medical, retail or professional office. Building underwent major cosmetic, plumbing & electrical renovations in 2014. Ceiling height 10' on sides and 12' middle.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$483 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 Notice.