221-223 N LOCUST STREET, DENTON, TX 76201
Homes for sale in Denton.
Homes for sale in 76201.
List Price$575,000
221-223 N Locust Street
Denton, TX 76201
Listing #21312731
About This Property
Exceptional investment opportunity in the heart of Downtown Denton. Located just one block from the Historic Denton Square, this fully leased, income-producing commercial property offers approximately 2,900 square feet on a highly visible corner at N. Locust Street and W. McKinney Street. The property is 100% occupied by two established local businesses with active leases extending through approximately mid-2027, including Grammy Award-winning Brave Combo, a nationally recognized Denton institution. The existing tenancy provides immediate cash flow while adding to the property's longstanding connection to Downtown Denton's vibrant arts and music community. Positioned within the DC-G (Downtown Code -- General) zoning district, the property offers flexibility for a variety of commercial uses, including office, retail, studio, creative, professional services, and other downtown-compatible uses, subject to City of Denton approval. The single-story building features excellent street visibility, attractive storefront presence, convenient on-street parking, and additional rear parking. Surrounded by restaurants, retail shops, entertainment venues, professional offices, and the vibrant Downtown Denton Square, the location benefits from consistent pedestrian activity, established businesses, nearby university populations, and continued downtown investment. Whether expanding an investment portfolio or acquiring a well-located downtown commercial asset with immediate cash flow, this property presents an outstanding opportunity in one of Denton's most sought-after commercial corridors. Please do not disturb tenants. Showings are by appointment only with advance notice.
Property Features
Location Information
County
Denton
Subdivision
O T Denton
Interior Features
Has Fireplace
No
Floors
Carpet, Laminate
Heating
Central, Natural Gas
Tenant Pays
All Utilities
Cooling
Central Air, Electric
Total Number of Units
2
Exterior Features
Construction
Brick, Other
Lot Size in Sq. Ft.
5,401
Foundation
Slab
Possible Best Use
Office, Retail
Roof
Metal
Zoning
DC-G
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Building Total Area (Sq. Ft.)
2,900
Parking Description
Parking Lot, On Street
Is One Story
No
Lot Description
Historic District
Lot Description
Historic District
Lot Size in Acres
0.124
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
6469.0
Property SubType
Office
Exclusions
Tenant business operations, inventory, furniture, fixtures, equipment, and personal property.
Year Built
1965
Lot Acres Source
Public Records
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Mortgage Calculator
$2,685
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,072
Monthly Tax
$479
Monthly Insurance
$134
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.
Schools
Walk Score
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