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109 Broadway st
0.08 Acres of Commercial Land Offered at $304,999 in Prosper, TX 75078
Executive Summary
What's more....You will receive the preliminary architectural concept plans to submit for approval.
Also lot has a shared dedicated alleyway and 4x shared parking spaces with neighboring property, additional on street parking available
Please note that the owners of this property are also the listing agents.
Property Facts
Price | $304,999 | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | Commercial |
No. Lots | 1 | Total Lot Size | 0.08 AC |
Property Type | Land |
Price | $304,999 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Commercial |
Total Lot Size | 0.08 AC |
1 Lot Available
Lot
Price | $304,999 | Lot Size | 0.08 AC |
Price Per AC | $3,812,488 |
Price | $304,999 |
Price Per AC | $3,812,488 |
Lot Size | 0.08 AC |
Description
The building is considered to have a $0 value, as it has been condemned by the city and must be demolished for new construction. The lot begins at the park bench and extends to the back of the parking lot, adjacent to an alley. The parking spaces are included in the sale. As indicated in the survey, AT&T holds a parking easement for 1,000 sqft, or four parking spaces. The entire lot is buildable, with the possibility of constructing a 2nd and 3rd story above the parking spaces. The driveway accessing the lot is owned by AT&T, but we have an easement allowing its use. This parcel is zoned Commercial and is one of the last remaining buildable lots on Broadway in historic downtown Prosper, which adds significant value. Please be aware that the appraisal will not align with the listing price. We will not accept any price reductions and require the buyer to cover all closing costs. A new survey is available.
Presented by
Legacy Realty Partners, LLC.
109 Broadway st
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