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 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 North Texas Real Estate Information Systems, Inc. all rights reserved.

Data last updated on 5/9/2024 at 3:27 PM UTC

Powered byLuxury Presence