200 S Armstrong Avenue Denison, TX $ 1,500,000
200 S Armstrong Avenue
$ 1,500,000
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200 S Armstrong Avenue

Denison, TX, 75020
$ 1,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 9,358

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Commercial Property for sale in Denison, TX

for $1,500,000. This building was built in 1968 on a lot size of 0.689.

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.

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 17,047

Style

Retail

Lot Size

0.689

Year Built

1968

Town/City

Denison

County/Region

Grayson

MLS | Web ID

20874352

Features
General
Heating Central
Cooling Central Air
Utilities City Sewer City Water Co-op Electric
Ceiling Height 11 to 14 Feet
Possession Closing/Funding Lease Outstanding
Roof Metal
Exclusions Tenants personal property in unit 210 will be removed prior to sale of the building.
Year Built 1968
Business Type Grocery Retail
Property Subtype Retail
Subdivision Name Laynes Add
Occupant Type Tenant
County Grayson
Property Type Commercial Sale
Construction Materials Metal Siding
Year Built Details Preowned
Status Active
Directions From Highway 75 northbound take exit 66 onto TX-503 Spur (Eisenhower Parkway) in 4.3 miles turn left onto Chestnut Street; building will be on the left.
City Denison
Standard Status Active
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Interior
Flooring Carpet Concrete Laminate Linoleum
Total Stories 1
Total Units 3
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Exterior
Lot Size Source Public Records
Parking Features Parking Lot
Lot Size .5 to < 1 Acre
Foundation Slab
Lot Size Dimensions 120' x 250'
Building Area Total 19200.00
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Internal Only
Street Number 1 200
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* Excluded Features
List By
Terrin Bertholf

Listing Agent

Bertholf Commercial Real Estate

Broker

Affordability Calculator

$10,779
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$1,421
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
3/18/2025 $1,500,000 Listed Price

Map


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200 S Armstrong Avenue, Denison, TX, 75020 is a Commercial Property for sale at $1,500,000 with a lot size of 0.689. 200 S Armstrong Avenue was built in 1968. The property's zip code is 75020 which is in Denison, TX