200 S Armstrong Ave - Storefront FOR SALE


Denison, TX 75020
$1,500,000 USD
903-818-7946
200 S Armstrong Ave, Denison, TX for Sale
$1,500,000 USD
Storefront - FOR SALE
1/40
null | Request Cap Rate

200 S Armstrong Ave
Denison, TX 75020


HIGHLIGHTS

  • Income producing property in the heart of Denison, divided into three separate units
  • Commercial zoning allows for uses such as retail, grocery, restaurant, and office
  • Excellent visibility from Armstrong Ave (~7,600 vehicles per day), close to downtown Denison

OVERVIEW

Here is an excellent opportunity to own a large income producing property located in the heart of Denison. This building is comprised of three unique units, the first of which has been occupied by Family Dollar since 1994 (200 S. Armstrong). The other unit that faces Armstrong is over 6,400 sqft of vacant retail space with warehouse in the back (210 S. Armstrong). The third unit, which fronts Chestnut Street, is 2,400 sqft of recently updated space that is well suited for a retail business or an office (714 W. Chestnut). The building was recently painted and the roof has been inspected. Commercial zoning allows for a wide variety of uses including retail, grocery, restaurant, and office. The building has excellent visibility from Armstrong Ave (~7,600 vehicles per day), and is located on the edge of historic Downtown Denison. Call today to schedule a showing.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$78 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

C

APN/PARCEL ID

142898

ASK ABOUT THIS PROPERTY

Noel CobbBertholf Commercial Real EstateMore Info
903-818-7946

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Noel CobbBertholf Commercial Real EstateMore Info
903-818-7946

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.