403 Pecan Street Celina, TX 75009
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Celina Original Donation
MLS Listing ID 21062287
Total Fin. Sqft 1440
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
The Eastern Gateway to Downtown Celina - 0.5-acre DEVELOPMENT SITE
Position your next project at the literal bridge between Celina's new $94M Civic Hub & 9-acre Ousley Urban Park (EST. Fall 2026). Situated in the *Downtown Transition District* specifically designated for high-density, mixed-use infill.
408 E PECAN (ADJACENT) is under construction for *Kid Approved Pediatrics,* a premier Frisco-based medical group; slated to open JUNE 2026, this anchor brings high-income white-coat professionals & hundreds of families to your block.
-Directly across from the *Preston Streams* mixed-use project (3-story retail-luxury lofts), ensuring modernized streetscapes & high-end neighboring density
-Located within the influence of the newly opened 400-space municipal garage. Benefit from *Fee-in-Lieu* parking credits ($3k-space) & reduced on-site requirements-allowing for a significantly larger building footprint
-Zero-lot-line capability to maximize buildable footprint
-Up to 3 Stories
-0.2 miles to the new 115,000 sq.ft. City Center-Library & 1 block from Doe Branch trail system
FINANCIAL INCENTIVES:
-NEZ Designation-Neighborhood Empowerment Zone
-Save Up to $50,000+ in standard development fees, Impact Fees & Building Permits waived by the city
This property is the *Front Door* to the nature trail system, capturing foot traffic from the high-density Civic Center to the nature trails of Ousley Park.
DISCLAIMER & DUE DILIGENCE: Information provided is deemed reliable but is not guaranteed & should be independently verified. All city development plans, zoning specifications, & municipal incentives are subject to change without notice. Sold AS-IS. Buyer responsible for conducting their own due diligence regarding all financial, legal & development feasibility.
Property must be sold in conjunction with Lot 4 (next to subject property). 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
Heat Source Central
Exterior
Utilities Available City Sewer, City Water
Roof Type Composition
Garage No
Building
Foundation Other
Structure Type Other
Others
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21062287
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