607 E 1st Street, Prosper, TX 75078

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.