119 Virginia StMcKinney, TX 75069

For Sale
$2,995,000

Prime Downtown McKinney location. 12,425 sq ft, high-return potential.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 12,425 square foot commercial property, located at 119 W Virginia St in McKinney, Texas (zip code 75069), presents a unique investment opportunity. Situated in the heart of historic Downtown McKinney's vibrant MTC (McKinney Town Center) zone, this building boasts a rich history, with portions dating back to 1885. Previously used as a boarding house and later as The Commercial Hotel (1897-1965), the property underwent renovations in 2012 and features a new roof installed in October 2020. The building's current configuration includes 15 offices, 1 retail space, and 1 restaurant, offering flexibility for various business ventures. Its prime location, less than a block from the Historic McKinney Square, places it amidst a thriving hub of shops and restaurants, further enhanced by the proximity to a new city government complex. The asking price is $2,995,000, translating to $241.05 per square foot. This property offers a blend of historical charm and modern functionality, making it an ideal investment in one of Texas's most desirable and rapidly growing communities. The property was built in 1920 and is zoned for mixed-use commercial purposes.

Highlights

  • One block from McKinney Square.
  • Excellent walkability to shops and restaurants.
  • Proximity to new city government complex.
  • New roof installed October 2020.
  • Features 15 offices, 1 retail space, and 1 restaurant.

Property Details for 119 Virginia St

Property type
Other retail properties, Restaurants
Square Feet
12,425 SF
Year Built/Renovated
1920/2012

Location Insight

City
McKinney
County
Collin
State
Texas
Latitude
33.1978069
Longitude
-96.6165121
119 Virginia St, McKinney, Texas

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119 Virginia St
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