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213 McKinney Ave. & 612 N. Third St.

213 McKinney Avenue, Princeton, Texas 75407
$550,000
213 McKinney Ave. & 612 N. Third St.

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
1,800 sqft
Land Size
0.48 acres
Sewer
CIty
Water
City
Zoning
SF-1/DT-C (Downtown Core)
Electric
Yes
Year Built
1962
Roof
Shingle
Parking
On-Site
Construction
Brick

Property Description

Situated on almost 1/2 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 a true “like-new” asset with no deferred maintenance.

With every interior component newly constructed, the property is move-in ready for an owner-user or tenant, 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 & 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 Third 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.

  • Situated on nearly ½ acre with ~1,800 SF, offering functional space, multiple entry points, and on-site parking for operational flexibility
  • Completely rebuilt interior including foundation, framing, walls, electrical, plumbing, and bathrooms—delivering a true “like-new” asset with no deferred maintenance
  • Prime downtown corner location at McKinney Avenue & N Third St., providing strong visibility, accessibility, and long-term upside for retail, office, short-term rental, or redevelopment opportunities
  • Outfitted for spa/salon use with kitchen, two restrooms, tankless gas water heater, washer/dryer connections, shampoo bowl hookups, partial shower, waiting area, and ample storage
  • Fully transitioned to commercial use with permits in place, creating a seamless opportunity for immediate occupancy or investment positioning
  • Ideal for an owner-operator or tenant, minimizing downtime and eliminating the need for upfront capital improvements
  • Property website: https://buildout.com/website/213mckinneyave
  • Video tour: https://youtube.com/shorts/EUtOSiNA_Xg?feature=share

Location