112 Main StAllen, TX 75013

  • Commercial real estate
  • 1,404 SF
For Sale
$1,500,000 View listing

Property Details for 112 Main St

Year built
1940
Lot size
0.07 AC
Property size (Sq ft)
1,404 SF
Zone code
CBD
Property type
Commercial real estate
APN
R-1137-007-0130-1
APU
R113700701301

Description

This exceptional 1,404 square foot building, situated on a 0.26-acre lot at 112 W Main Street in the heart of Downtown Allen, Texas, presents a unique investment opportunity. The property boasts a rich history and is ideally positioned within a thriving community. The building itself offers significant potential for a variety of uses, allowing for either the continuation of an existing business or a complete reimagining of the space. A key feature is the inclusion of a three-bay garage, providing ample storage or workshop space. The substantial lot size adds to the property's versatility and appeal. This is a rare chance to acquire a piece of Allen's heritage and capitalize on its prime downtown location. The asking price is $1,500,000. The property's central location offers easy access to local amenities, businesses, and transportation routes, making it an attractive proposition for both established and emerging enterprises. The building's existing structure provides a solid foundation for future development or continued operation, presenting a compelling investment opportunity in a dynamic and growing Texas city. Serious inquiries are encouraged to explore the possibilities this remarkable property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $353,913
    Hospitality
    $324,182
    Educational
    $269,716
    Medical
    $278,992
    Retail
    $419,558
112 Main St, Allen, Texas

Location Insight

City
Allen
County
Collin
State
Texas
Latitude
33.1033
Longitude
-96.6706
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,942
$37,375
$66,875
$104,250
-
$37,375
$66,875
$104,250

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