$175,000
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3,005 Sqft Lot
SOLD DATE : 11/25/2024
Key Details
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision Otp Denison
MLS Listing ID 20714164
Sold Date 11/25/24
Total Fin. Sqft 2880
Year Built 1900
Lot Size 3,005 Sqft
Acres 0.069
Property Description
Located in the vibrant heart of historic downtown Denison, this property offers exceptional potential for investors & business owners alike. The building currently features three separate suites, each with the potential ability to generate rental income. However, the property’s flexible layout also allows for the possibility of combining these spaces into one large, open-concept building, perfect for a variety of commercial uses. This property offers incredible versatility. The building requires significant rehab, presenting a unique opportunity to customize the space to your specifications while enhancing its historic character. With some vision & a renovation, this property could become a cornerstone of downtown Denison. Whether you’re looking to create a thriving multi-tenant space or a large, singular business location, the possibilities are endless. Don’t miss this rare chance to own a piece of Denison’s historic downtown with unmatched potential for growth & profitability.
Location
State TX
County Grayson
Zoning Commercial
Direction From HWY 75 and Spur 503, head East on 503. 503 turns into Austin Avenue. Take Austin Avenue to Chestnut Street. Left on Chestnut to Subject on the right. Building is on the Northeast corner of Chestnut Street and Rusk Avenue.
Interior
Heating None
Cooling None
Flooring Carpet, Hardwood, Other, Vinyl, Wood, Wood Under Carpet
Heat Source None
Exterior
Utilities Available City Sewer, City Water, Curbs, Individual Water Meter, Overhead Utilities, Underground Utilities
Roof Type Wood,Other
Garage No
Building
Foundation Pillar/Post/Pier
Structure Type Brick
Others
Ownership HANDER
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Amanda Phillips • Real
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REALTOR® | Lic# 0616757