Active
507 - 509 W Main Street
Denison TX, 75020
$1,490,000
$103.47 per sqft
Active
14,400 sqft
Commercial
Built in 1914
UPDATED RETAIL OR RESTAURANT SPACE WITH 4 LUXURY LOFTS. Building is 14,400 SF in an Opportunity Zone encompassing 507 & 509 W Main. Built in 1914, well remembered as the Piggly Wiggly store from 1939-1960. In 2016-2019, the building underwent extensive restorations adding a food hall, 5 commercial kitchens, bar and an event area. The 6000 SF 1st floor offers a temperature controlled cooler room, special tap room and restrooms. The 2nd floor boasts 8400 SF with 4 Luxury Lofts. Fully leased: 2 studios 1700 SF, 1.5 baths, 2 Two bdrm, 1900 SF, with office & 2.5 baths & an expansive 4 bdrm, 2400 SF with dual suites & 4 baths. Stair lift in rear stairwell. Remodeled to the National Parks Service historic standards, it is in the historic registry. Fire suppression & alarm system installed. This once in a lifetime opportunity to own this notable building is available now. Visit www.denisontx.org for information about destination grants. Downstairs Space is also for Lease $5500 NNN.
20412384
MLSⓇ ID
May 9, 2024
Updated
Map
507 - 509 W Main Street
Denison TX, 75020
Interior Features
Total Stories
2
Floor Description
Combination, Concrete, Ceramic Tile, Hardwood, Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.14 Acres
Sewer
Public Sewer
Other Property Details
Taxes
$24,941
Tax Frequency
Annually
Days on Market
245
Garage
No
Parking
Common, On Site
View
No
County
Grayson
Water Source
Public
Pool
No
Buyer Agency Compensation
3%
Listed by Bob Alexander with Tracy Realty
Listing Contact: 903-786-3115
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Data last updated on 5/9/2024 at 3:27 PM UTC