424 W MAIN STREET, DENISON, TX 75020
Homes for sale in Denison.
Homes for sale in 75020.
424 W Main Street
Denison, TX 75020
List Price$800,000
Listing #20609966
About This Property
The Rialto Theater, an eclectic design of Scottish architect John Tulloch, opened October 4, 1920, and has been a historic gem nestled in the heart of Downtown ever since. With its prime location on Main Street, this iconic theater has witnessed the transformation of the city over the years--most recently with the ongoing $30 million renovation of Main Street. Throughout its rich history, The Rialto has been a hub for entertainment, hosting a variety of concerts (The Marx Brothers, Gene Autry, Roy Rogers, John Wayne, Elvis Presley, and more), special events, and movie screenings that have brought joy to the community. To help determine the theater's future, The University of Dallas has completed a comprehensive analysis to explore redevelopment options. As-built drawings and renderings showcasing what the theater could become are attached. In addition, the City offers development incentives, including grants that can cover up to half the cost of installing a fire suppressant system, as well as a façade improvement grant to assist with exterior restoration. Imagine The Possibilities Tour showcased The Rialto's potential, envisioning a rooftop event space and a transformed fly tower serving as a kitchen.
Property Features
Location Information
County
Grayson
Subdivision
OTP Denison
Interior Features
Has Fireplace
No
Floors
Carpet
Heating
Central, Electric
Tenant Pays
All Utilities
Cooling
Central Air, Electric
Total Number of Units
1
Exterior Features
Construction
Brick
Lot Size in Acres
0.138
Foundation
Pillar/Post/Pier
Lot Size in Sq. Ft.
6,011
Roof
Built-Up
Possible Best Use
Other
Water / Sewer
Sewer Available, Water Available
Zoning
Commercial
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
9,000
Parking Description
On Street
Is One Story
No
Additional Information
Year Built Details
Preowned
Year Built
1900
Property Type
COM
Status
Active
Property SubType
Business
Lot Acres Source
Assessor
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Mortgage Calculator
$3,734
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,882
Monthly Tax
$666
Monthly Insurance
$186
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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Walk Score
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