0.48 Acres Lot
0.48 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Opt Denison
MLS Listing ID 20709794
Total Fin. Sqft 19200
Year Built 1900
Lot Size 0.477 Acres
Acres 0.477
Property Sub-Type Retail
Property Description
This two-story, 19,200 SF structure (plus 9600 sqft potential basementl) offers expansive open spans and exceptional ceiling heights, creating a highly flexible canvas for adaptive reuse. The property is ideally suited for a variety of high-impact concepts including an event and entertainment venue, multi-tenant restaurant destination, boutique office environment, or residential loft conversion.
A significant value-add component exists with the inclusion of a basement level, offering the potential to expand the building by an additional ±9,000 square feet. The asset also features a private parking lot with approximately 20 dedicated spaces—an increasingly rare amenity in downtown environments. Located within an Opportunity Zone and eligible for Historic Tax Credits, the property presents a compelling basis for a tax-advantaged redevelopment strategy. Ownership will also benefit from proximity to Denison's ongoing downtown revitalization initiatives, with potential access to local incentive programs.
Surrounded by established destinations including Stafford House, 34 Chophouse, and Landon Winery, the property sits within walking distance of Denison's most active and growing hospitality corridor.
Location
State TX
County Grayson
Zoning Commercial
Direction See Map
Interior
Heating None
Cooling None
Flooring Concrete, Wood
Heat Source None
Exterior
Utilities Available All Weather Road, Asphalt, City Sewer, City Water, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter, Sidewalk
Roof Type Other
Garage No
Building
Foundation Slab
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Environ. Study Complete, Survey Available
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20709794
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "