609 E 16th St - Storefront Retail/Residential FOR SALE


Plano, TX 75074- Downtown Plano
$775,000 USD
917-244-7720
609 E 16th St, Plano, TX for Sale
$775,000 USD
Storefront Retail/Residential - FOR SALE
1/34
null | 7% Cap Rate

NEW


609 E 16th St
Plano, TX 75074
Downtown Plano


HIGHLIGHTS

  • 0.935 Commercial Corridor Lot
  • Heritage Site downtown Plano
  • Open plan, high ceilings, original wooden flooring
  • Heavy daytime traffice

OVERVIEW

The prime historical property is one-of-a-kind and designated as a Heritage Landmark in Plano TX. On this 0.935 Acre Lot is the Folk Victorian Style House -Mitchell House (H-10) constructed in 1891. This property is one of the 35 Designated Heritage Landmark in downtown Plano. The property interior is move-in ready with three bedroom and 1.5 bath. This lot be used as an Event Hall, Church, School, Library, Retail, Restaurant and Office or mixed use development as per city approval. It is zoned as Commercial Corridor. This is an opportunity to create a standout commercial landmark in the center of the Dallas Fort Worth Metroplex. The victorian charm of the Mitchell House and the modern functionality will be unique and will create value for both owner and patrons.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$510 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Restaurant, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1891

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

Commercial Corridor

APN/PARCEL ID

R-0340-024-0010-1

ASK ABOUT THIS PROPERTY

Chioma OmotayoCLO Dallas Realty LLCMore Info
917-244-7720

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Chioma OmotayoCLO Dallas Realty LLCMore Info
917-244-7720

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