302 N Arizona Drive Celina, TX 75009

UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Celina Original Donation
MLS Listing ID 21237342
Total Fin. Sqft 1889
Year Built 1930
Annual Tax Amount $3,771
Lot Size 0.660 Acres
Acres 0.66
Property Sub-Type Office
Property Description
Walkable to Downtown Celina's retail, dining, entertainment, and year-round city events, this location benefits from consistent pedestrian traffic and ongoing city investment in infrastructure and downtown expansion. Rapid population growth and continued commercial development in Celina support increasing demand for housing, short-term rentals, and mixed-use investment projects.
This site presents strong potential for short-term rental development such as Airbnb units, multi-unit residential redevelopment, mixed-use commercial space, boutique lodging, or professional office use. The proximity to frequent downtown festivals, markets, and community events supports occupancy potential for short-term rental strategies and income-producing property models.
Key Investment Highlights:
0.66 acres in prime downtown proximity
Walkable location near retail, dining, and events
Located in a high-growth North Texas market
Strong demand for short-term rentals and redevelopment
Flexible development potential based on zoning
Ideal for income-producing or long-term hold strategies
Limited availability of parcels this size near Downtown Celina
Opportunities of this size and location are increasingly rare within the Downtown Celina area. This property offers investors and developers the ability to secure land in a rapidly expanding submarket positioned for continued growth, redevelopment, and long-term return potential.
Buyer to verify zoning, permitted uses, and development requirements with the City of Celina.
Location
State TX
County Collin
Zoning Residential, Commercial
Direction USE GPS
Interior
Heating Central, Natural Gas
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet
Heat Source Central, Natural Gas
Exterior
Utilities Available City Sewer, City Water, Electricity Available, Electricity Connected, Natural Gas Available
Roof Type Shingle
Garage No
Building
Lot Description Corner Lot
Foundation Pillar/Post/Pier
Structure Type Board & Batten Siding
Others
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21237342

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