501 W Main Street, Denison, Texas, 75020

Listed by OnDemand Realty, Rhonda Borgne, 405-833-2338
$1,200,000
6,000 Sqft
0.07 Acres
#21347637
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.

PROPERTY FEATURES

  • 3 Unit(s)
  • 3 Unit(s)
  • Business Type: Rental,Retail
  • Business Type: Rental,Retail
  • Utilities : City Sewer,City Water
  • Utilities : City Sewer,City Water
  • Parking Features: Alley Access,Off Street,On Street
  • Parking Features: Alley Access,Off Street,On Street
  • Lot Features : Flat,Synthetic
  • Lot Features : Flat,Synthetic
  • Building Use : Beauty/Barber,Designated Historical Bldg.,Historical District,Retail
  • Building Use : Beauty/Barber,Designated Historical Bldg.,Historical District,Retail
  • Cooling: Central Air
  • Heating : Central
  • Cooling: Central Air
  • Heating : Central
  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter,Pillar/Post/Pier,Slab
  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter,Pillar/Post/Pier,Slab
  • Flooring : Luxury Vinyl Plank
  • Ceiling Height : 15 to 20 Feet
  • Flooring : Luxury Vinyl Plank
  • Ceiling Height : 15 to 20 Feet
  • Green Verification Count : 0
  • Green Verification Count : 0
  • Zoning Description : commercial retail
  • Zoning Description : commercial retail
PROPERTY DETAILS
ID: 21347637
Status: Active
Price: $1,200,000
Acres: 0.07 Acres
Price Per Acre: $17,391,304
Type: Commercial
Address: 501 W Main Street
City, State: Denison, Texas
County: Grayson
Zip Code: 75020
Lat/Long: 33.755765, -96.541669
Presented By: Rhonda Borgne
Phone: 405-833-2338
Email: Click to Contact