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507 - 509 W Main Street, Denison, TX– $1,490,000
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  • $1.5M Price
  • 14,400 Sqft
  • .14 Acres
  • 1914 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $1.5M Price
  • 14,400 Sqft
  • .14 Acres
  • 1914 Year Built
  • Study
  • Game Room
  • Media
  • Pool
ARG Client Cash Rebate $22,350

507 - 509 W Main Street
Denison, TX 75020-3123

County: Grayson Stevens Add

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.

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Essential Information

  • Price$1,490,000
  • Reduced By$209,000
  • Cumulative Days on MarketUnlock
  • MLS® #20412384
  • Bathrooms0.00
  • Square Footage14,400
  • Acres0.14
  • Year Built1914
  • Built Desc.Preowned
  • TypeCommercial Sale
  • Sub-TypeBusiness
  • StatusActive
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Quick Valuation Analysis from 2 Active and 2 Sold Listings

Pricing Trends from 2 Active Listings in Stevens Add

This Home's Price $1,490,000 This Home's Price Per SqFt $103
Average Price $1,495,000 Average Price Per SqFt $140
Highest Price $1,500,000 Highest Price Per SqFt $176
Lowest Price $1,490,000 Lowest Price Per SqFt $103

Pricing Trends from 2 Sold Listings in Stevens Add

This Home's Price $1,490,000 This Home's Price Per SqFt $103
Average Price $1,247,500 Average Price Per SqFt $
Highest Price $1,695,000 Highest Price Per SqFt $
Lowest Price $800,000 Lowest Price Per SqFt $

Combined Median Price Per Square Foot - Stevens Add: $103

Property Details

Community

  • Address507 - 509 W Main Street
  • SubdivisionStevens Add
  • CityDenison
  • CountyGrayson
  • StateTX
  • Zip Code75020-3123
  • UtilitiesAll Weather Road, Alley, Asphalt, City Sewer, City Water
  • Taxes24941

Amenities

  • SecurityBurglar, Security System, Fire Alarm, Fire Sprinkler System, Key Card Entry, Prewired, Security Ligh
  • GaragesCommon, On Site

Interior

  • FloorsCeramic Tile, Combination, Concrete, Hardwood, Laminate
  • Stories2
  • Disability FeaturesStair Lift

Construction Details / Floorplan

  • Stories2
  • RoofFiber Cement
  • FoundationCombination, Pillar/Post/Pier
  • ConstructionBrick, Concrete, Plaster, See Remarks, Wood

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingNatural Gas

Additional Information

  • ZoningCommercial Food Court Loft

Private Listing Information (Registration Required)

Listing Details

  • AgentBob Alexander
  • OfficeTracy Realty

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Listing information last updated on May 4th, 2024 at 9:31pm CDT.