204 W Mccart St - Storefront Retail/Residential FOR SALE


Krum, TX 76249
$650,000 USD
469-715-7392
204 W Mccart St, Krum, TX for Sale
$650,000 USD
Storefront Retail/Residential - FOR SALE
1/23
null | 7.48% Cap Rate

204 W Mccart St
Krum, TX 76249


HIGHLIGHTS

  • Mixed-use property combining retail and residential income.
  • Located within the Old Town Krum commercial district.
  • Frontage along FM 1173 with strong community visibility.
  • Two apartment units provide existing rental income.
  • Retail suites may operate separately or as a combined storefront.
  • Existing grease trap supports a variety of commercial uses.

OVERVIEW

EWRG Commercial Group is pleased to present 204 W. McCart Street, a $650,000 mixed-use value-add and owner-user opportunity located in the Old Town core of the City of Krum, Denton County, Texas. The asset comprises street-front retail space (currently vacant) and two attached apartment units providing in-place cash flow through month-to-month leases. The property sits directly on FM 1173 (McCart Street), the primary east-west arterial corridor connecting Krum to I-35 in Denton — a corridor currently undergoing a major TxDOT widening and improvement program. The asset features approximately 1,380 square feet of retail space configured as two storefront suites that may be operated independently or combined for a larger user. The retail component is currently vacant, allowing investors or owner-occupants immediate control over leasing strategy and business operations. A grease trap remains in place from a prior restaurant use, providing additional flexibility for food-service and hospitality concepts. The property benefits from its location within Krum's historic commercial core and direct frontage on FM 1173. Ongoing transportation improvements along the corridor, including the planned widening of FM 1173 and roadway infrastructure enhancements, are expected to further strengthen connectivity between Krum and Denton. The surrounding area continues to experience residential and economic growth, supported by Denton County's expanding population and employment base. Two residential units currently provide month-to-month rental income, creating existing cash flow while retail space is repositioned or occupied by a future owner-user. The combination of retail frontage, residential income, operational flexibility, and location within a growing Denton County market offers an opportunity for investors seeking a mixed-use asset with both current income and future upside potential.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

7.48%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

Commercial General

APN/PARCEL ID

R61437

ASK ABOUT THIS PROPERTY

Edie WestEWRG Commercial GroupMore Info
469-715-7392

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Edie WestEWRG Commercial GroupMore Info
469-715-7392

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