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608 E 1st Street

Prosper, TX 75078
  • $995,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 20733004
UPDATED: 33 min ago
$995,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Offered by Tiffany Smith of Compass RE Texas, LLC: 214-425-3233.

Description

Own a piece of Prosper's history with this fully renovated, commercially zoned 1930s property in the heart of downtown. This charming space features a commercial-grade kitchen, a spacious lot with privacy gates, and its own parking lot. Additionally, there's a freestanding 2100 sf warehouse, perfect for generating extra income. The property is currently leased on a month-to-month basis to a long-standing, locally owned business, and the upstairs loft provides ideal space for an office or storage. Located in bustling downtown Prosper, this property offers prime visibility for an investor or new business looking to capitalize on the area's growth. Recent updates include a complete renovation, with new ductwork and electrical systems in place.The current tenant is open to exploration of signing a new , longer-term lease with the future owner, while the current owner is also offering to lease the warehouse for $2,000 per month, creating an additional revenue stream.

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© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Chad Smith Team | EXP Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Chad Smith Team | EXP Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-10-12T10:42:27.447.
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608 E 1st Street Prosper, TX 75078

  • Price: $995,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 33 min ago
  • MLS #: 20733004
0
Beds
0
Baths
0
½ Baths
0.5
Acres
1930
Built
Neighborhood:
Pettis Uc Add
County:
Collin
Area:
Prosper
Property Description
Own a piece of Prosper's history with this fully renovated, commercially zoned 1930s property in the heart of downtown. This charming space features a commercial-grade kitchen, a spacious lot with privacy gates, and its own parking lot. Additionally, there's a freestanding 2100 sf warehouse, perfect for generating extra income. The property is currently leased on a month-to-month basis to a long-standing, locally owned business, and the upstairs loft provides ideal space for an office or storage. Located in bustling downtown Prosper, this property offers prime visibility for an investor or new business looking to capitalize on the area's growth. Recent updates include a complete renovation, with new ductwork and electrical systems in place.The current tenant is open to exploration of signing a new , longer-term lease with the future owner, while the current owner is also offering to lease the warehouse for $2,000 per month, creating an additional revenue stream.
Exterior Features

Construction BrickWoodOther Foundation Pillar/Post/Pier Lot Size Source Public Records Parking Or Garage Additional ParkingCarportCircular DrivewayCommonConcreteCoveredDrivewayGarageLightedOn SiteOversizedParking Lot Roof MetalOther

Interior Features

Ceiling Height 8 to10 Feet Cooling Central AirElectric Flooring Wood Handicap YN No Heating CentralElectric Sq Ft Gross 1520

Property Features

Building Area Source Public Records Building Area Total 1520.00 Building Use Food ServiceOfficeRetailOther Construction Status Preowned Gross Annual Expenses 0.00 Gross Annual Income 81600.00 Insurance Expense 6490 List MLSProvider Metrotex Association Of Realtors Listing Terms CashConventionalFHA Multi Zoning No Municipal Utility District No Net Operation Income 0 Owner Pays InsuranceTaxes Possession Closing/Funding Property Type Retail Tenant Pays All UtilitiesCommon Area MaintenanceElectricityGasGrounds CareJanitorial ServiceManagementWater Transaction Includes Building OnlyLand & ImprovementsLand Only Unexempt Taxes 9202 Utilities City SewerCity Water Will Subdivide No Zoning Commercial

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Chad Smith Team | EXP Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Chad Smith Team | EXP Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-10-12T10:42:27.447.
 
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The Chad Smith Team | EXP Realty
2384 N. Hwy. 287, Suite 220
Mansfield TX, 76063
Offered by Tiffany Smith of Compass RE Texas, LLC: 214-425-3233.