About 505 S Chestnut Street
The property is zoned BN . Business Neighborhood. , The lot is in a prime area with the redevelopment of the HWY 5 corridor in McKinney. The lot is 11,717 sq ft. Currently there is a 1552 sq ft home located on the lot, this has great potential for a rental property. The buyer can rent out this property until the property is developed to commercial.. This is a great opportunity to purchase an investment property on HWY 5. Just across the street, a Starbucks is being built. The new City Hall of McKinney is located just north of this location along with a Mixed use development. Just south of this location is a Strip retail center under construction. Schedule your tour today.
Features of 505 S Chestnut Street
MLS® # | 20728240 |
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Price | $450,000 |
Bathrooms | 0.00 |
Acres | 0.27 |
Year Built | 1915 |
Type | Commercial Sale |
Sub-Type | Retail |
Status | Active |
Community Information
Address | 505 S Chestnut Street |
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Subdivision | Shorts Add |
City | McKinney |
County | Collin |
State | TX |
Zip Code | 75069-5701 |
Amenities
Utilities | City Sewer, City Water, Electricity Connected, Individual Gas Meter, Cable Available |
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Garages | Carport, Driveway |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Natural Gas |
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Fireplace | No |
# of Stories | 1 |
Stories | 1 |
Exterior
Roof | Composition |
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Construction | Wood, Frame |
Foundation | Pillar/Post/Pier |
Additional Information
Zoning | BN |
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Construction Details | Preowned |
Listing Details
Agent | Wesley Haile |
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Office | Russell Realty |
Contact Info | 972-562-8883 |