206 Louisiana StMcKinney, TX 75069

For Lease
$36/SF/YR View listing
  • Commercial real estate
  • 5,168 SF

Property Details for 206 Louisiana St

Year built
1900
Lot size
0.07 AC
Property size (Sq ft)
5,168 SF
Zone code
CHD
Property type
Commercial real estate
APN
R-0856-006-045C-1
APU
R0856006045C1

Description

This exceptional two-story, 5,350 square foot commercial building, constructed in 1900, is situated at 206 E Louisiana St, McKinney, TX 75069, just steps from the vibrant McKinney Square. The property offers a unique blend of historic charm and modern amenities. The first floor currently houses approximately 2,000 square feet of retail space, leased until September 2025. The upper floor and a portion of the ground floor comprise 13 rentable office suites totaling 3,300 square feet, available for a fixed monthly rent of $9,900, inclusive of all expenses. These office suites are complemented by a convenient break room and storage space. Building features include original wood floors, vaulted ceilings, and updated plumbing, wiring, and HVAC systems. The building is zoned for commercial use and is a single-tenant property (excluding the ground floor retail space). The property's location near the historic square provides excellent visibility and accessibility. All square footage measurements are approximate. This is a rare opportunity to acquire a historically significant commercial property in a prime downtown location. Please note that the building has no elevators. The cross street is S. Tennessee St.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,302,722
    Hospitality
    $1,193,286
    Educational
    $992,800
    Medical
    $1,026,944
    Retail
    $1,544,356
206 Louisiana St, McKinney, Texas

Location Insight

City
Mckinney
County
Collin
State
Texas
Latitude
33.197
Longitude
-96.6147
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
$20,436
$138,416
$1,060,382
$1,198,798
-
$138,416
$1,060,382
$1,198,798

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