Homes for sale - 608 E 1st Street, Prosper, TX 75078

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Cathy Hickman

[email protected] +1(817) 637-3021

$ 995,000

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Pending

608 E 1st Street Prosper, TX 75078

0.5 Acres Lot

UPDATED:

10/28/2024 11:09 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

Subdivision Pettis Uc Add

MLS Listing ID 20733004

Total Fin. Sqft 1520

Year Built 1930

Annual Tax Amount $9,202

Lot Size 0.500 Acres

Acres 0.5

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.

Location

State TX

County Collin

Zoning Commercial

Direction from Dallas toll Road E. on First street Or From Preston W. to First street

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Wood

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water

Roof Type Metal,Other

Garage No

Building

Foundation Pillar/Post/Pier

Structure Type Brick,Wood,Other

Others

Ownership Bw Epic Properties LLC

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Tiffany Smith • Compass RE Texas, LLC

Cathy Hickman

Advisor | License ID: 0726600

+1(817) 637-3021

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