221-223 N LOCUST STREET, DENTON, TX 76201

Homes for sale in Denton.

Homes for sale in 76201.


Active

List Price$575,000

221-223 N Locust Street

Denton, TX 76201

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21312731

2,900

Square Feet

2

Number of Units

Commercial

Type

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

Similar Listings

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

Real Estate IDX Powered by iHomefinder