206 Louisiana StMcKinney, TX 75069

This exceptional two-story commercial property, located at 206 E Louisiana St in McKinney, Texas, presents a rare investment opportunity. Boasting 5,350 total square feet on a 2,875 square foot lot, this Class B building, constructed in 1900, seamlessly blends historic charm with modern functionality. The property features approximately 2,000 square feet of ground-floor retail space currently under a triple-net lease expiring September 25, 2025, and 3,300 square feet of rentable office space on the upper floor and rear of the ground floor. This office space is divided into 13 individual units, complemented by a shared break room and storage areas. The building's attractive features include original wood floors, vaulted ceilings, and updated plumbing, wiring, and HVAC systems. The property offers a strong net operating income (NOI) of $133,194 and a compelling 4.40% capitalization rate. Its prime location in the heart of Historic Downtown McKinney Square ensures high visibility and accessibility. Zoned for commercial use, this owner-user investment presents a unique chance to acquire a piece of McKinney's rich history while enjoying a solid return on investment. All square footage measurements are approximate. Please respect tenants and refrain from disturbing the retail business.