Property Details:

County or Parish
Grayson
Lot Size
.5 to < 1 Acre
Lot Size (Acres)
0.6100
Lot Size Area
0.6100
Lot Size (Square Feet)
26571.6000
Zoning Description
C1

Interior Information:

Ceiling Height
8 to10 Feet
Heating
Central
Cooling
Central Air
Flooring
Other
Stories Total
1

Exterior Information:

Lot Size
.5 to < 1 Acre
Acres
0.6100
Waterfront
No

Commercial Info:

Building Area Total
5234.00
Building Use
Retail

Map

Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.

MLS 21372872

1501 S Armstrong Avenue

Denison, Texas
$250,000
Sign in to save to favorites
Type: Commercial Sale
Year Built: 1975
Remarks: Please do not disturb tenants. Property tours by appointment only through the listing broker. 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.
Active Option Contract
Listed by: Ryan Clevenger
Back to Search

Ask about this property

Tony C Hager

Tony C Hager

Broker

A URT Holdings team member available to help with this property.

Our team will confirm availability with you.