607 E 1st Street new Save Request In-Person Tour Request Virtual Tour
Prosper,TX 75078
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20989836
Year Built 1895
Lot Size 0.770 Acres
Property Sub-Type Office
Property Description
Prime Commercial Opportunity in the Heart of Prosper's Growth Corridor. Strategically located near the dynamic and rapidly expanding downtown Prosper district, this one-of-a-kind property offers exceptional potential for commercial, medical use, or residential investment. Situated on a highly visible thoroughfare with excellent road frontage, this iconic 1895 Victorian home is not only one of the oldest structures in Prosper, it's a future-forward opportunity hiding in plain sight. Sitting on a combined .75 acres across two contiguous lots, this property provides valuable flexibility for expansion or redevelopment. The front lot (.34 acres) includes the meticulously preserved 3-bedroom, 2-bath home, rich in historic character with original hardwoods and vintage details. The rear lot (.41 acres) is a blank slate with ample space for additional structures, parking, or outdoor business use, and is ideal for those looking to scale operations or create a destination experience. The home's layout can easily accommodate a conference room, 2 or 3 private offices, a kitchen, workroom, and many other configurations to best serve your business venture. With increasing nearby commercial conversions, this location is perfectly positioned to support a wide range of ventures: professional offices, wellness studios, boutique retail, medical or dental offices, or even a charming bed and breakfast. A detached workshop on-site offers income-producing potential as a rental unit, creative studio, or storage solution for a home-based business. As Prosper continues to evolve, properties like this one that blend heritage, location, and income growth opportunity are becoming increasingly rare. Whether you're an investor, business owner, or visionary entrepreneur, this is a rare chance to secure a landmark property with commercial upside in one of North Texas' most exciting growth markets. The Seller has received verbal approval from the Town of Prosper for a Planned Development Zoning.
Location
State TX
County Collin
Zoning Residential with verbal approval from City for Commerical - light office, BNB, medical
Interior
Heating Central,Natural Gas
Cooling Ceiling Fan(s),Central Air,Electric,Roof Turbine(s)
Flooring Luxury Vinyl Plank,Wood
Exterior
Utilities Available All Weather Road,Cable Available,City Sewer,City Water,Concrete,Electricity Available,Electricity Connected,Individual Gas Meter,Individual Water Meter,Natural Gas Available,Overhead Utilities,Phone Available,Sewer Available,Underground Utilities
Roof Type Composition
Building
Lot Description Acreage,Corner Lot,Few Trees,Landscaped,Lrg. Backyard Grass
Foundation Bois DArc Post,Combination,Pillar/Post/Pier
Structure Type Steel Siding
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20989836