1516 Municipal Avenue Plano, TX $ 625,000
1516 Municipal Avenue
$ 625,000
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1516 Municipal Avenue

Plano, TX, 75074
$ 625,000
Baths0.0

Monthly Estimate*

$ 4,366

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Studio

Commercial Property for sale in Plano, TX

for $625,000. This building was built in 1928 on a lot size of 0.256.

In the heart of downtown Plano adjacent to the Plano Municipal Center. Office-Residential opportunity with high visibility. Walking distance to the Dart rail, Haggard park and downtown shops & restaurants Downstairs can be used for an office, beauty salon, law offices, insurance agency and so much more. Upstairs has full apartment with two bedrooms, one bath, living and full kitchen with walk-out balcony. 2100 Sf. concrete parking pad. Property is move-in ready. Great opportunity for your home office and business.

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Commercial Contingent

Price

$ 625,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,004

Style

Office

Lot Size

0.256

Year Built

1928

Town/City

Plano

County/Region

Collin

MLS | Web ID

20551645

Features
General
Heating Central Electric
Cooling Central Air Electric
Utilities City Sewer City Water Curbs
Ceiling Height 15 to 20 Feet
Possession Closing/Funding
Roof Composition
Exclusions There is currently a Tenant in the upstairs apartment paying $1000-month. Will need to give 30 days notice to move-out he would like to renew lease.
Year Built 1928
Business Type Other
Property SubType Office
Subdivision Name Clint Forman Add
Occupant Type Owner
County Collin
Property Type Commercial Sale
Construction Materials Board & Batten Siding Brick
Year Built Details Preowned
Status Active Option Contract
Directions From the George Bush Tollway West exit Ave. K turn right and continue on the Municipal Ave. Destination will be on your right.
City Plano
Buyer Agent Compensation 3
Street Name Municipal
Standard Status Active Under Contract
Buyer Agent Compensation Type %
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Interior
Flooring Ceramic Tile Wood
Total Stories 2
Total Units 1
Street Suffix Avenue
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Exterior
Lot Size Source Assessor
Parking Features Concrete Direct Access Parking Lot
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Building Area Total 2580.00
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Internal Only
Street Number 1 1516
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* Excluded Features
List By
Janet Eubank

Listing Agent

Berkshire Hathawayhs Penfed Tx

Broker

Affordability Calculator

$5,033
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,366
Monthly Property Taxes
$667
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$625,000 -3.70% Price Down
4/15/2024$649,000 -0.15% Price Down
4/4/2024$649,999 0.00% Price Down
3/15/2024$650,000 Listed Price

Map


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1516 Municipal Avenue, Plano, TX, 75074 is a Commercial Property for sale at $625,000 with a lot size of 0.256. 1516 Municipal Avenue is a studio with 0.0 baths and was built in 1928. The property's zip code is 75074 which is in Plano, TX