105 Memorial Drive, Denison, Texas, 75020
$549,000
1.76 Acres
#21370809
Commercial investment and redevelopment opportunity! Bring your vision to this 1.758-acre property with frontage along Martin Luther King Street in Denison. Formerly developed as a medical office complex, the property is now a blank canvas ready for its next use. The site features over 9,000 square feet of existing concrete slab (per GCAD), along with approximately 70 paved parking spaces in front. Existing improvements include a workable crawlspace beneath the structure, providing convenient access for future mechanical, plumbing, and electrical modifications or relocations. An additional approximately 500 square feet of below-grade space offers potential for office, storage, or mechanical use. City water and sewer serve the property, with electric and gas accessible, providing valuable existing infrastructure for future development. Located within the Business Park District, the property offers flexibility for multiple potential commercial and business uses, subject to applicable zoning requirements and recorded deed restrictions. With existing site improvements, established utilities, ample parking, and redevelopment potential, this property presents an attractive opportunity for an owner-user, investor, or developer. Located near a new 55+ residential community development coming soon, contributing to continued residential and commercial growth in the surrounding area.
PROPERTY FEATURES
- Utilities : Asphalt,City Sewer,City Water,Electricity Available
- Easements : Electric,Utilities
- Lot Features : Acreage,Corner Lot,Few Trees
- Road Surface Type : Asphalt
- Road Frontage Type : City Street
- Special Notes : Aerial Photo,Deed Restrictions,Survey Available,Utility Easement
- Zoning Description : Commercial
PROPERTY DETAILS
ID: 21370809
Status: Active
Price: $549,000
Acres: 1.76 Acres
Price Per Acre: $312,287
Type: Other
Address: 105 Memorial Drive
City, State: Denison, Texas
County: Grayson
Zip Code: 75020
Lat/Long: 33.76597, -96.549399
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