251 S Mill St - Apartments CONDO FOR SALE


Lewisville, TX 75057- Lewisville/Flower Mound
$745,000 USD
972-369-3509
251 S Mill St, Lewisville, TX for Sale
$745,000 USD
Apartments CONDO - FOR SALE
1/39
null | Request Cap Rate

251 S Mill St
Lewisville, TX 75057
Lewisville/Flower Mound


HIGHLIGHTS

  • 2,071 SF Commercial Office/Retail Condominium
  • Premier Old Town Lewisville Address - One of North Texas's Fastest-Growing Downtown Districts
  • Strong Street Presence & Excellent Visibility
  • Destination Dining, Entertainment & Boutique Shopping
  • Prestigious Mixed-Use Development

OVERVIEW

OLD TOWN DISTRICT COMMERCIAL OFFICE OR RETAIL FOR SALE Exceptional 2,071 SF commercial condominium located in one of North Texas' fastest-growing downtown districts. Situated within a premier mixed-use development, this highly visible office or storefront offers outstanding exposure, excellent traffic counts, abundant open parking, and a walkable location surrounded by thriving businesses, destination restaurants, entertainment, and exciting new residential growth. Property Highlights • 2,071 SF Commercial Office/Retail Condominium • Premier Old Town Lewisville Location • High-Visibility Office/Storefront on Mill Street • Excellent Daily Traffic Counts • Abundant Open Parking • Walk Score of Approximately 72 • Prestigious Mixed-Use Development The thoughtfully designed floorplan offers flexibility for a wide variety of businesses. Featuring 3-4 private offices, an expansive reception or collaborative workspace, spacious kitchen, 2 ADA-compliant restrooms, laundry room, multiple storage areas, and a spacious fenced patio, the property combines functionality with a modern professional appearance. Interior Features • 3-4 Private Offices • Large Reception or Collaborative Workspace • Spacious Kitchen/Break Room • 2 ADA-Compliant Restrooms • Laundry Room • Multiple Storage Rooms • Large Fenced Outdoor Patio • Modern Finish-Out • Central HVAC • Tankless Gas Water Heater • Quality Construction (Built 2018) Located in the heart of Lewisville's vibrant Old Town District, the property benefits from year-round festivals, weekly events, and steady pedestrian traffic that creates exceptional visibility for customers and clients alike. Employees and visitors can enjoy restaurants, shopping, live entertainment, and community events just steps from the front door. Ideal Business Uses • Professional Offices • Medical & Wellness Practices • Financial & Insurance Services • Boutique Retail • Salon or Spa • Photography Studio • Design Professionals • Creative Offices • Specialty Services & More The property is located within the Old Town TRIZ (Tax Increment Reinvestment Zone), offering potential property tax incentives while benefiting from the City's proactive Economic Development Corporation and continued investment in the district. Why Businesses Love This Location • Premier Old Town Lewisville Address • Destination Dining, Entertainment & Boutique Shopping • Strong Street Presence & Excellent Visibility • Exceptional Walkability • Convenient Customer Parking • Potential TRIZ Tax Incentives • Minutes to I-35E & SH-121 • One of North Texas's Fastest-Growing Downtown Districts Seller is the original developer and builder of the mixed-use project and surrounding residential communities. Looking for a true live-work opportunity? Two luxury residential condominiums located above the commercial space are also available for purchase. (Garage spaces and elevator shown on the floor plan serve the residential units and will be separated from the commercial space unless purchased together.) A Rare Ownership Opportunity • Original Developer-Owned Property • Opportunity to Purchase Commercial & Residential Together • Signature Property in Old Town Lewisville Whether you're expanding your business, investing in a premier commercial asset, or creating the ultimate live-work environment, this exceptional property offers a rare opportunity in the heart of Old Town Lewisville. Schedule your private tour today and experience the possibilities firsthand.

FOR SALE DETAILS

PRICE

$745,000 USD

PRICE/SF

$360 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

35,000 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

C

APN/PARCEL ID

R741378

ASK ABOUT THIS PROPERTY

Jeanie ClineRunway Real EstateMore Info
972-369-3509

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Jeanie ClineRunway Real EstateMore Info
972-369-3509

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