1501 S Armstrong Avenue, Denison, TX 75020
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Omega Mejia

Omega Mejia

+1(214) 620-3581
$250,000
Est. payment /mo
0.61 Acres Lot
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Belcher I G

MLS Listing ID 21372872

Total Fin. Sqft 5234

Year Built 1975

Annual Tax Amount $6,004

Lot Size 0.610 Acres

Acres 0.61

Property Sub-Type Retail

Property Description

Investment opportunity along S Armstrong Avenue in Denison. Situated on approximately 0.61 acres, this ±5,400-square-foot multi-tenant retail and business center is configured into five suites ranging from approximately 600 to 1,650 square feet. The provided rent roll reflects full occupancy and current monthly base rent of $3,100, providing immediate income with potential upside through future lease renewals, rent adjustments, and expense reimbursements.

The flexible suite sizes accommodate a variety of neighborhood retail, service, studio, and office users. Armstrong Avenue frontage offers convenient access and visibility within an established area of south Denison. This manageable multi-tenant asset presents an attractive opportunity for an investor seeking existing cash flow with longer-term value-add potential. Rent roll and financial projections are available upon request.

All information is deemed reliable but is not guaranteed. Buyer and Buyer's Agent are responsible for independently verifying all information, including square footage, acreage, boundaries, zoning, permitted uses, leases, income and expenses, utilities, access, property condition, and suitability for Buyer's intended use.

Location

State TX

County Grayson

Zoning C1

Direction From US-75, take Exit 68 toward Crawford Street. Travel east on W Crawford Street, then turn right onto S Armstrong Avenue. Continue south to 1501 S Armstrong Avenue; the property will be on the left near W Hull Street.

Interior

Heating Central

Cooling Central Air

Flooring Other

Heat Source Central

Exterior

Utilities Available City Sewer, City Water

Roof Type Shingle,Wood

Garage No

Building

Foundation Slab

Structure Type Brick

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Listed by Ryan Clevenger • MainStreet Venture Partners, L

NEARBY SCHOOL & BUSINESS

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Omega Mejia

Omega Mejia

+1(214) 620-3581

#1 Real Estate Agent License ID: 0791400

#1 Real Estate Agent License ID: 0791400

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