1901 W MORTON STREET, DENISON, TX 75020
Homes for sale in Denison.
Homes for sale in 75020.
List Price$499,900
1901 W Morton Street
Denison, TX 75020
Listing #21129450
About This Property
As the flagship performer in the Watson Burger portfolio, 1901 W. Morton St. stands at the highly visible corner of W. Morton St. (FM 120) and Juanita Drive, positioned perfectly for your next fast-food or full-service dining concept. With over 14,000 vehicles traveling Morton St. daily, this site delivers exceptional exposure along one of Denison's primary commercial corridors. FM 120 serves as a direct connector between Denison and Pottsboro, the gateway to Lake Texoma--soon-to-be home of the Margaritaville and Hard Rock resort developments--driving consistent local and tourist traffic. The property is also just 1.4 miles east of Hwy 75, ensuring convenient regional access. Watson Burger is currently operational at this location, employing 7 staff members, seating 52 guests with additional seating capacity. The building retains the charm of its original sit-down design, with a rock-clad exterior, floor-to-ceiling windows, and a drive-through window added approximately 20 years ago. Infrastructure improvements include a 6-year-old commercial-grade vent hood and a 6-year-old TPO roof. The restaurant features a walk-in cooler, a walk-in freezer, a separate office, two bathrooms and ample on-site parking. At its peak, Watson Burger matched Whataburger's regional popularity. Surrounding the property is a concentration of major national and regional retailers, reinforcing the area's commercial draw. Nearby operators include Wok Xpress, Mama Qin, Dollar General, Dollar Tree, Chick-fil-A, CVS, QuikTrip, Starbucks, Burger King, McDonald's, Walmart, Braum's, Best Western, and other high-traffic convenience retail. The Sherman--Denison metro is experiencing unprecedented economic expansion, led by the $30B Texas Instruments semiconductor plant which just opened. 1901 W. Morton St. offers a turnkey opportunity in one of North Texas's fastest-growing corridors--ideal for operators seeking visibility, traffic, and immediate market presence.
Property Features
Location Information
County
Grayson
Subdivision
None
Interior Features
Has Fireplace
No
Tenant Pays
All Utilities
Heating
Central, Electric
Total Number of Units
1
Cooling
Central Air, Electric, Wall Unit(s)
Accessibility
Accessible Doors
Floors
Combination, Clay, Linoleum
Exterior Features
Construction
Rock, Steel Siding, Stone
Possible Best Use
Food Service, Restaurant, R
Foundation
Slab
Zoning
Local Retail
Roof
Flat, Metal, Mixed, Synthetic
Building Total Area (Sq. Ft.)
2,432
Utilities
Sewer Available, Water Available
Road Description
City Street
Parking Description
Asphalt, Drive Through, Paved, Parking Lot
Lake Name
Texoma
Lot Description
Corner Lot, Landscaped
Is One Story
No
Lot Size in Acres
0.53
Lot Description
Corner Lot, Landscaped
Lot Size in Sq. Ft.
23,086
Additional Information
Year Built Details
Preowned
Tax Annual Amount
8553.0
Property Type
COM
Exclusions
trade fixtures
Property SubType
Retail
Community Features
Curbs
Year Built
1970
Documents Available
Aerial
Status
Active
Lot Acres Source
Public Records
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Mortgage Calculator
$2,333
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,801
Monthly Tax
$416
Monthly Insurance
$116
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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