Share This Listing

Message

930 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Most affluent McKinney Location
  • The only Assisted Living and Day Activity Center in the McKinney area
  • Stunning design

Executive Summary

A stunning fully renovated building spanning over 26,000 sq.ft on 2 acres of prime land in of the fastest growing and the most desirable cities, McKinney. There are many architectural features in this building including 45 rooms, 90 beds, conference rooms, offices, dining rooms, reception office, a beautiful chapel, game room with pool table, leisure areas and a high-quality commercial kitchen. This is the only Assisted Living and Adult Day Activity Center in the McKinney area. This is a unique opportunity for a diversified sector of different types of businesses including assisted living, adult day care, school, hotel and many other possibilities. The property is currently home to Golden Grace Assisted Living & Adult Day Healthcare. The operation is currently running with five-star service, and the projection income of $3,447,000 /Year will be realized when all 5 wings are occupied with 20% vacancy factor. Assisted Living, all-inclusive rate starting at $4,200 for a single suite with private bathroom & medication management and $175 for the Day Activity.

Data Room Click Here to Access

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $9,558,156 CAD
Price Per Bed $106,202 CAD
Sale Type Investment
Cap Rate 25%
Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 2.00 AC
Building Size 26,016 SF
No. Beds 90
No. Stories 1
Year Built/Renovated 1975/2025
Tenancy Single
Parking Ratio 2.65/1,000 SF
Zoning RG-18 - F-1 Commercial - Real
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
R-1093-000-0010-1
Land Assessment
$775,805 CAD (2025)
Improvements Assessment
$3,568,133 CAD (2025)
Total Assessment
$4,343,938 CAD (2025)
  • Listing ID: 39937618

  • Date on Market: 2026-03-27

  • Last Updated:

  • Address: 1710 N McDonald St, McKinney, TX 75071

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}