Recently Listed New Construction 213 Mckinney Avenue
Princeton, TX, 75407 $ 550,000
Bedrooms-- Baths-- Monthly Estimate*
$ 3,386
for $550,000. This building was built in 1952 on a lot size of 0.224.
Situated on almost a half an acre with approximately 1800 SF of space, this property has been fully permitted and transitioned from residential to commercial use, offering a seamless opportunity for immediate occupancy or investment. Completely rebuilt from the ground up, the interior features all-new foundation, framing, walls, bathrooms, electrical, and plumbing, delivering an almost new asset with no deferred maintenance. With every interior component newly constructed, the property is ready for occupancy, minimizing downtime and upfront capital expenditures. The recent renovation was performed for a spa-salon-massage therapy business, and includes a kitchen, two restrooms, tankless gas water heater, washer and dryer connections, two shampoo bowl connections, a partially completed shower, ample storage areas, waiting area, three points of entry, and parking area. Strategically positioned in the downtown district at the southwest corner of McKinney Avenue and N 3rd Street, the site benefits from strong visibility, accessibility, and corner presence, key drivers for long-term value. Ideal for a salon spa, retail boutique, café, office, short-term residential such as an AirBnB, or future redevelopment, this property offers both immediate functionality and long-term upside in a high-exposure location. Please review the Commercial Property Condition Statement and Offering Memorandum for additional details. Prospective buyers and their representatives are responsible for conducting their own due diligence, which includes consulting with authorities, confirming access to utilities, and zoning confirmation. This information is not to be considered a substitute for professional guidance and independent verification.
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FeaturesGeneralHeating Central
Cooling Central Air Electric
Utilities Cable Available City Sewer City Water Electricity Available Electricity Connected Natural Gas Available Sewer Available
Ceiling Height 8 to10 Feet
Possession Closing/Funding Negotiable
Roof Composition Shingle
Exclusions Personal property.
Year Built 1952
Business Type Other
Property Subtype Office
Subdivision Name Princeton Original Donation
Accessibility Features Accessible Approach with Ramp
County Collin
Property Type Commercial Sale
Construction Materials Frame Wood
Year Built Details Preowned
Status Active
Directions From McKinney travel east on US-380 to 2nd Street and turn north. Travel 4 blocks north to McKinney Avenue and turn east. Property will be on your right at the SWC of McKinney Avenue and N Third St
City Princeton
Standard Status Active
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ExteriorWaterfront 0
Lot Size Source Public Records
Parking Features Aggregate Gravel On Site Outside
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Building Area Total 1833.00
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InteriorFlooring Luxury Vinyl Plank
Total Stories 1
Total Units 1
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* Excluded FeaturesList ByAngela HarwellListing Agent
Coldwell Banker Apex, RealtorsBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,386
- Monthly Property Taxes
- $345
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCommerical listings in Princeton, TX
Average List Price $1,645,081
Percent of Sale Price 199%
About Princeton, TX 11,667 Population
145% Since 2002
$ 56,292 Median Income
35.12 Median Age
40% Households with Children
Trends Information provided by ATTOM Data Solutions.
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/12/2026 | $550,000 | | Listed Price |