501 W Main Street, Denison, TX 75020
sale
$1,350,000
|
Retail
Courtesy Of OnDemand Realty, Listed By Rhonda Borgne
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.
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Property Features
- Age: Over 50 Years Old
- Building Units: 3
- Cooling System: Central Air
- Exterior Type: Brick
- Floor Covering: Vinyl
- Heating System: Central
- Legal Description: STEVENS ADDN, BLOCK 13, LOT 32, 25X120 (C) 30
- MLSID: 21347637
- Roof Type: Synthetic
- Roof Type: Flat
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