1501 S Armstrong Ave

Denison, TX 75020
  • $250,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 5,234

    SqFt

About the Listing MSVP00TO - 0781303

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.

Listing Highlights

Status Active
Days on Site 1
Property Type Commercial Sale
MLS ® 21372872
Year Built 1975
Total Square Footage 5,234
Lot/Acreage 0.61
County Grayson
Neighborhood Belcher I G

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: .5 to < 1 Acre
  • Garage Capacity: N/A
  • Zoning: C1
  • Roof: Shingle,Wood
  • Others: Preowned
  • Sewer:
  • Parking Features: Additional Parking

Financial Details

  • Tax Amount: $6,004
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 147583
  • Tax Year: N/A

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1501 S Armstrong Ave Denison, TX 75020

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Amy Downs

Expansion Partner | Team Leader | ADT Property Partners Group | DHS Realty

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