501 W MAIN STREET, DENISON, TX 75020
Homes for sale in Denison.
Homes for sale in 75020.
List Price$1,350,000
501 W Main Street
Denison, TX 75020
Listing #21347637
About This Property
Exceptional opportunity to acquire a signature mixed-use asset on Main Street in the heart of Historic Downtown Denison, Texas. This beautifully restored historic property features an expansive street-level retail space and two fully renovated residential lofts, all currently fully leased, providing immediate, stabilized cash flow and long-term investment potential. Located within one of North Texas' fastest-growing economic corridors, Historic Downtown Denison continues to experience significant revitalization, expanding business activity, increasing tourism, and sustained demand for both commercial and residential space. Whether you're seeking a stable income-producing investment or a premier mixed-use asset in a thriving downtown district, this property is ideally positioned to benefit from the area's continued growth and continued appreciation. Situated on a highly visible corner, the property offers outstanding visibility, excellent accessibility, abundant on-street parking, and multiple public parking lots conveniently located within walking distance. The meticulously maintained retail space and beautifully renovated residential lofts showcase the character and quality that make Historic Downtown Denison one of North Texas' most desirable downtown destinations. With all retail and residential spaces fully leased, this property offers investors immediate, stabilized income from day one. Detailed rent roll and lease information are available in the supplemental documents.
Property Features
Location Information
County
Grayson
Subdivision
Stevens Add
Interior Features
Has Fireplace
No
Floors
Luxury Vinyl Plank
Heating
Central
Tenant Pays
All Utilities, Electricity
Cooling
Central Air
Total Number of Units
3
Exterior Features
Construction
Brick
Lot Size in Sq. Ft.
3,005
Foundation
Concrete Perimeter, Pillar/Post/Pier, Slab
Possible Best Use
Retail
Roof
Flat, Synthetic
Zoning
commercial retail
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
3,000
Parking Description
Alley Access, Off Street, On Street
Is One Story
No
Lot Description
Historic District
Lot Description
Historic District
Lot Size in Acres
0.069
Additional Information
Year Built Details
Preowned
Year Built
1900
Property Type
COM
Status
Active
Property SubType
Retail
Lot Acres Source
Owner
Similar Listings
Mortgage Calculator
$6,304
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$4,864
Monthly Tax
$1,125
Monthly Insurance
$315
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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