34
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$999,000
Est. payment /mo
0.34 Acres Lot
Active
227 W Chestnut Street Denison, TX 75020
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UPDATED:
11/26/2024 07:34 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Otp Denison
MLS Listing ID 20655450
Total Fin. Sqft 3000
Year Built 1945
Annual Tax Amount $8,326
Lot Size 0.344 Acres
Acres 0.3443
Lot Dimensions 125' x 120'
Property Description
Discover an exceptional opportunity in downtown Denison to own an income-producing restaurant building. The property offers a fully equipped commercial kitchen with a highly efficient layout. The dining area comfortably sits approximately 50 guests, complemented by a 50-seat patio. The parking lot offers over 40 spaces, with the potential for building expansion to further enhance this prime location. The building is close to restaurants such as Subway, Whataburger, 1880 Ice House, Cafe Blackbird, Nick’s Family Restaurant, and Iron Horse Bar & Grill. Downtown Denison thrives as a hub for commerce and community, housing over 200 small businesses. This building is currently leased for $5,000 per month plus NNN until December of 2027. The sale includes all kitchen equipment and furnishings.
Location
State TX
County Grayson
Zoning Central Area (Downtown District)
Direction From Highway 75 northbound, take exit 66 onto TX-503 Spur (Eisenhower Parkway), in 4.3 miles turn left onto Chestnut Street, building will be on the right.
Interior
Heating Central
Cooling Central Air
Flooring Concrete
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Co-op Electric
Roof Type Synthetic
Garage No
Building
Foundation Slab
Structure Type Brick
Others
Ownership Martin Marose, LLC
©2024 North Texas Real Estate Information Systems.
Listed by Terrin Bertholf • Bertholf Commercial Real Estate
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