Last updated on April 7th, 2026

213 McKinney Ave. & 612 N. Third St.

$550,000

213 McKinney Avenue, Princeton, Texas 75407


Documents
  • 213 McKinney Ave. OM 4.2026.pdf (15.8 MB)   view   download
  • Executed Commercial Property Condition Statement.pdf (3.8 MB)   view   download
  • Add. for Seller's Disclosure of Info. on Lead-Based Paint... - 10_10_11.pdf (294.3 KB)   view   download
  • (Map) Pages from Final Ordinance - Downtown Overlay District exhibits.pdf (1.8 MB)   view   download
  • Final Ordinance - Downtown Overlay District (Executed).pdf (3.0 MB)   view   download
  • Survey Plat.both parcels (1).pdf (747.4 KB)   view   download
Building Size1,800 Square Feet
Land Size0.48 Acres
ZoningSF-1/DT-C (Downtown Core)
ParkingOn-Site
WaterCity
SewerCIty
ElectricYes
Year Built1962
ConstructionBrick
RoofShingle

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 Street and 3rd Avenue, 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 St & 3rd Ave, 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

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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