Address
205 W Louisiana Street, McKinney, TX
Price
$ 7,000,000
Property Attributes
  • MLS#20516862
  • TypeCommercial
  • CountyCOLLIN
  • CityMcKinney
  • Neighborhood205 Louisiana Add
  • Zip75069
  • StyleOffice
  • Year Built2017
  • Taxes$ 113395
  • Price$ 7,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.348 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Rare opportunity and spectacular building located in the heart of vibrant Downtown McKinney. Home to retail day spa, food & beverage service, office spaces, shared hotel space, 100% leased and 6.25% cap rate! Private underground parking garage.

Price History
1/21/2024 Listed $7,000,000

General Features

Heating Central
Cooling Central Air
Utilities City Sewer,City Water
Ceiling Height 8 to10 Feet
Possession Closing/Funding
Roof Other
Year Built 2017
Tenant Pays All Utilities
Business Type Other
Unexempt Taxes 113395
Building Use Bar/Taverns,Food Service,Historical District,Hotel/Motel,Office,Retail,Other
Will Subdivide No
Gross Annual Expenses 39000.00
Property SubType Office
Subdivision Name 205 Louisiana Add
Zoning Description retail,commercial
County Collin
Operating Expense Includes Accounting,Insurance,Maintenance,Manager
Property Type Commercial Sale
Construction Materials Brick
Year Built Details Preowned
Status Active
Directions Please see GPS for directions
City McKinney
Buyer Agent Compensation 1
Street Name Louisiana
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20516862
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Carpet,Ceramic Tile
Total Stories 2
Total Units 10
SQFT Gross 29680
Lock Box Type None
Street Suffix Street

Exterior Features

Lot Size Source Estimated
Parking Features Additional Parking,Garage,Gated,Lighted,On Site,Other
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Lot Size Area 0.3480
Lot Size Units Acres
Building Area Total 29680.00
Lot Size Square Feet 15158.8800
Lot Size Acres 0.3480

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 75069

Price
AVG $2.63M
$7M
Taxes
AVG $24,975
$113,395
Visits
AVG 147
61
Data Provided by Inside Real Estate®
Year Built
AVG 1989
2017