UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $520
Subdivision Celina Original Donation
MLS Listing ID 21261760
Construction Status Resale
HOA Y/N No
Year Built 1974
Annual Tax Amount $7,240
Lot Size 0.501 Acres
Acres 0.5013
Lot Dimensions 150x145
Property Sub-Type Retail
Property Description
An adjacent property at 408 E Pecan is currently under construction for Kid Approved Pediatrics, scheduled to open in June 2026, contributing consistent professional and family-oriented traffic to the immediate area. The site is within the influence of a newly opened 400-space municipal parking garage and may qualify for Fee-in-Lieu parking credits, allowing for increased building footprint flexibility.
Site Specifications & Incentives:
• Zero-lot-line development capability
• Up to three stories permitted
• Approximately 0.2 miles from the 115,000 sq. ft. City Center and Library
• Located within the Neighborhood Empowerment Zone (NEZ), with standard development fees, impact fees, and building permits waived by the city
The property serves as a direct gateway to the city's nature trail system, capturing pedestrian traffic connecting the Civic Center area to Ousley Urban Park.
Disclaimer: Information provided is deemed reliable but not guaranteed. Property is sold AS-IS. Buyer is responsible for all due diligence regarding development feasibility. Property must be sold in conjunction with Lot 4, located adjacent to the subject property, for a combined lot size of just over one-half acre.
Location
State TX
County Collin
Zoning Commercial/Retail
Direction From State Highway 289, turn west on Pecan St. Property is on the left after passing the football field and the s curve. Southeast corner of Pecan and New Mexico.
Interior
Heating Central
Cooling Central Air
Flooring Other
Inclusions Land & Improvements
Fireplace No
Exterior
Parking Features Circular Driveway, Garage Faces Side
Utilities Available Sewer Available, Water Available
Water Access Desc Public
Roof Type Composition
Garage Yes
Private Pool No
Building
Story 1
Foundation Other
Sewer Public Sewer
Water Public
Construction Status Resale
Others
Tax ID R102306200501
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21261760
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