501 W Main Street,Denison, TX 75020
Denison, TX 75020
Description
Exceptional opportunity to acquire a signature mixed-use asset on Main Street in the heart of Historic Downtown Denison, Texas. This beautifully restored historic property features an expansive street-level retail space and two fully renovated residential lofts, all currently fully leased, providing immediate, stabilized cash flow and long-term investment potential. Located within one of North Texas' fastest-growing economic corridors, Historic Downtown Denison continues to experience significant revitalization, expanding business activity, increasing tourism, and sustained demand for both commercial and residential space. Whether you're seeking a stable income-producing investment or a premier mixed-use asset in a thriving downtown district, this property is ideally positioned to benefit from the area's continued growth and continued appreciation. Situated on a highly visible corner, the property offers outstanding visibility, excellent accessibility, abundant on-street parking, and multiple public parking lots conveniently located within walking distance. The meticulously maintained retail space and beautifully renovated residential lofts showcase the character and quality that make Historic Downtown Denison one of North Texas' most desirable downtown destinations. With all retail and residential spaces fully leased, this property offers investors immediate, stabilized income from day one. Detailed rent roll and lease information are available in the supplemental documents.
Details
| MLS # | 21347637 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 38 |
| Listing Provided By | OnDemand Realty | Rhonda Borgne |
Features
| SQ Feet | 3,000 |
|---|---|
| Story(s) | 12 |
| Zoning | commercial retail |
| Acreage | 0.07 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
Exterior
| Roof | Flat, Synthetic |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Concrete Perimeter, Pillar/Post/Pier, Slab |
Parking
| Parking Features | Alley Access, Off Street, On Street |
|---|
Utilities
| Utilities | City Sewer, City Water |
|---|
Taxes
| Tax Lot | 32 |
|---|---|
| Tax Block | 13 |
| Tax Legal Description | STEVENS ADDN, BLOCK 13, LOT 32, 25X120 (C) 30 |
Area Information
| State | TX |
|---|---|
| County | Grayson |
| City | Denison |
| Zip Code | 75020 |
| Area | Grayson |
| Community Name | Stevens Add |
| Listing VS Median (in Stevens Add) | |
Price: $1,350,000 low | high Med: $224,900 sqft: 3,000 low | high Med: 1,232 $ / sqft: $450 low | high Med: $183 On site: 38 low | high Med: 44 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Grayson |
| City | Denison |
| Zip Code | 75020 |
| Area | Grayson |
| Community Name | Stevens Add |
| Listing VS Median (in Stevens Add) | |
Price: $1,350,000 low | high Med: $224,900 sqft: 3,000 low | high Med: 1,232 $ / sqft: $450 low | high Med: $183 On site: 38 low | high Med: 44 | |