1501 S Armstrong Avenue, Denison, Texas

$250,000

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5,234

Square feet

0.61

Acres

About 1501 S Armstrong Avenue

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.

Features of 1501 S Armstrong Avenue

MLS® # 21372872
Price $250,000
Square Footage 5,234
Acres 0.61
Year Built 1975
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 1501 S Armstrong Avenue
Subdivision Belcher I G
City Denison
County Grayson
State Texas
Zip Code 75020-6171

Amenities

Utilities City Sewer, City Water
Garages Additional Parking
Is Waterfront No
Has Pool No

Interior

Heating Central
Fireplace No
# of Stories 1
Stories 1

Exterior

Roof Shingle, Wood
Construction Brick
Foundation Slab

Additional Information

Zoning C1
Short Sale No
RE / Bank Owned No

Listing Details

AgentRyan Clevenger
OfficeMainStreet Venture Partners, L
Contact Info903-276-2611
Contact Info903-276-2611

Listing Map

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