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107 S Josephine St

4,024 SF Retail Building Royse City, TX 75189 $1,200,000 ($298.21/SF)

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INVESTMENT HIGHLIGHTS

East end of the developing Main Street
Zoned commercial-capital improvement plan finalized with the city

Largest lot in Heritage District

EXECUTIVE SUMMARY

Prime opportunity to open a steakhouse, bed & breakfast, restaurant/concert venue, doctor's office, attorney's office, and more. Waiting for the right visionary to take advantage of this great opportunity.

107 S. Josephine - Commercial Offering Memorandum Final

PROPERTY FACTS

Sale Type

Investment or Owner User

Sale Conditions

Business Value Included

Property Type

Retail

Property Subtype

Restaurant

Building Size

4,024 SF

Building Class

Year Built/Renovated

1898/2020

Price

$1,200,000

Price Per SF

$298.21

Tenancy

Single

Building Height

2 Stories

Building FAR

0.08

Lot Size

1.23 AC

Zoning

Residential - re-zoning variance required

Frontage

297’ on North Josephine Street

ABOUT 107 S JOSEPHINE ST , ROYSE CITY, TX 75189

An opportunity to own a beautiful historic home on nearly 1.3 acres in the Heritage District of Royse City right off of Main Street! Royse City has plans to extend Main Street just beyond this property. Rezoning is an option for the right buyer or business. Remember, this is that largest lot off of Main Street... it is a wonderful opportunity for a Bed & Breakfast, Steak House, Doctors office, Attorneys office, etc. This incredible home features 5 (1 down, 4 up) enormous bedrooms, 3.5 gorgeous bathrooms, 3 Living Areas , all original wood floors throughout the original part of the home, stunning original woodwork up and downstairs, original transom windows, original stained glass, and pocket doors! NEW Gourmet Kitchen, Beautiful Dining area, over sized Laundry Room, New waters heaters, New Plumbing and more. WALK to historic downtown to the craft brewery, boutiques, bakery, restaurants, and more! This home was built by WH Adams, a founding member of Royse City.

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