431 W MAIN STREET, DENISON, TX 75020
Homes for sale in Denison.
Homes for sale in 75020.
431 W Main Street
Denison, TX 75020
List Price$799,000
Listing #21135204
About This Property
First time on the market in over 30 years, this prominent brick building lies in the heart of downtown Denison at the northeast corner of W. Main Street and N. Fannin Avenue. At 100% occupancy, it is currently home to Guymon Brothers Trading Co., Stones of the Heart, A Timeless Journey vintage boutique, and Joy's Hairstyling & Paradise Nail Salon. The building features eight leasable units, each offering its own distinct character and charm. All tenants are on month-to-month leases and have expressed a desire to remain. Ownership has been diligent in maintaining the property, with recent improvements including all-new ductwork, a new 5-ton American Standard furnace and AC condenser installed this spring, and a newer TPO roof. Positioned on one of Main Street's most heavily trafficked blocks, the building sits directly across from the iconic Rialto Theater and next door to the upcoming Denison location of 903 Brewers, known for its craft beer and signature burger offerings. Denison is riding strong momentum, recently earning the nationally recognized 2025 Great American Main Street Award. Downtown continues to draw visitors from across the region with its wineries, antique stores, eclectic dining, and boutique shopping. Main Street property values have increased by 200% over a 15-year period, underscoring the significance of this location. Established in 1872 in anticipation of the Missouri-Kansas-Texas (Katy) Railroad, Denison has long served as a regional hub. Its Denison Main Street Program has since attracted more than $80 million in investment. The City of Denison is currently enhancing the streetscape with brick paver roadways to restore historic character. Buyers are encouraged to inquire with the City of Denison regarding available DDA or DDF grants to help bring your business vision to life. Opportunities to own a fully occupied, corner-lot Main Street building in downtown Denison are exceedingly rare--this offering places you at the center of it all.
Property Features
Location Information
County
Grayson
Subdivision
Otp Denison
Interior Features
Has Fireplace
No
Tenant Pays
Insurance
Heating
Central, Natural Gas
Total Number of Units
8
Cooling
Central Air, Ceiling Fan(s), Electric
Accessibility
Accessible Hallway(s)
Floors
Carpet, Ceramic Tile, Luxury Vinyl Plank
Exterior Features
Construction
Brick, Wood Siding
Lot Size in Sq. Ft.
5,998
Foundation
Slab
Possible Best Use
Retail
Roof
Flat, Synthetic
Zoning
Commercial
Water / Sewer
Natural Gas Available, Sewer Available, Water Available
Building Total Area (Sq. Ft.)
6,000
Utilities
Natural Gas Available, Sewer Available, Water Available
Road Description
City Street
Parking Description
Alley Access, Concrete, On Site, On Street
Lake Name
Texoma
Lot Description
Corner Lot, Historic District
Is One Story
No
Lot Size in Acres
0.138
Lot Description
Corner Lot, Historic District
Additional Information
Year Built Details
Preowned
Tax Annual Amount
12008.0
Property Type
COM
Community Features
Curbs, Sidewalks
Property SubType
Retail
Documents Available
Aerial
Year Built
1959
Lot Acres Source
Public Records
Status
Active
Similar Listings
Mortgage Calculator
$3,730
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,879
Monthly Tax
$665
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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