425 W Main St, Denison, TX 75020

$1,360,000

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List Price
$1,360,000
MLS#
21225706
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1900
Construction Status
Preowned
Acres
0.14
County
Grayson
City
Denison
Subdivision
Otp Denison

Property Description

Stately historical building in Downtown Denison, TX. This large over 10,000 SF majesty sits in the middle of the 400 Block, close to restaurants, wineries, pubs, boutiques and the Rialto Theater. Renovated with central HVAC, updated electrical, plumbing, downstairs, and you can make the unfinished upstairs space into LOFTS. Currently the home of the Studebaker Museum, you will find this building is in the Opportunity Zone, and there may be economic incentives available. Downtown Denison has seen a surge in new businesses, residents and opportunities due to the good schools and location close to the Metroplex. Millions of dollars have been spent and are committed Denison's streetscape allowing wider sidewalks for outdoor dining, and festivals.

Additional Information

Unexempt Taxes
$16,294
Lot Size
6,011
Acres
0.14
Lot Description
Historic District
Flooring
Concrete, Laminate, Wood
Foundation
Pillar/Post/Pier
Roof
Other
Building Stories
2
Parking Garage
Additional Parking, On Site, Parking Pad, On Street
Possession
CloseOfEscrow
Inclusions
Building Only
Community Features
Curbs, Sidewalks

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Gerardo Mungioli from Tracy Realty. Contact: 903-786-3115