1617 K Ave - Storefront Retail/Office FOR SALE


Plano, TX 75074- Downtown Plano
$1,400,000 USD
214-929-9013
1617 K Ave, Plano, TX for Sale
$1,400,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

1617 K Ave
Plano, TX 75074
Downtown Plano


OVERVIEW

SIZE: +/- 4,284 SF Main Building +/- 1,550 SF Coach House LOT: +/- 0.537 AC Step into a remarkable piece of Plano’s past. The Forman Home—set on more than half an acre in the heart of historic downtown—holds the distinction of being an individually designated Heritage Landmark and qualifies for the Heritage Tax Exemption program. Built in 1867 and thoughtfully restored in 1992, the residence highlights original oak and pine floors, period architectural details and striking Greek Revival elements. As Plano’s oldest surviving home, it offers an unmatched blend of history, artistry and craftsmanship. For over three decades, The Wooden Spoon Scandinavian Shop & Cultural Center has thrived within its walls. The main structure features a stately two-story layout with retail space on the first floor and a private second-floor residence that includes two meeting rooms and a full kitchen. Behind the main home, a separate coach house currently leased to another business—provides additional income opportunities. All of this sits just steps from downtown Plano’s lively mix of boutiques, dining, pubs and upscale urban living. This is a property that truly must be experienced in person to appreciate its heritage, charm and potential.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$240 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Historic House

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1867

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

BG

APN/PARCEL ID

R-0340-002-006R-1

ASK ABOUT THIS PROPERTY

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214-929-9013

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214-929-9013

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