530 W Owings Street, Denison, TX 75020 – 20925343

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Bella Palacios

bellapalaciosrealtor@gmail.com +1(903) 920-3913

$485,000

Est. payment - /mo

6,011 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Stevens Add

MLS Listing ID 20925343

Total Fin. Sqft 8853

Year Built 1900

Annual Tax Amount $5,811

Lot Size 6,011 Sqft

Acres 0.138

Property Sub-Type Retail

Property Description

Discover a remarkable prime commercial building featuring a historic turn-of-the-century façade that exudes classic charm. This expansive property offers over 8,800 square feet of versatile space spread across two levels, and just a short stroll from charming Downtown Denison. The corner lot bordering Mirick and Owings streets is a high-traffic location sure to attract attention. An abundance of oversized windows that can flood the building with natural light, accentuating the high ceilings and original hardwood flooring, adds to the vintage charm. Some interior areas boast stunning wood ceilings, enhancing the building's historical character while creating an inviting atmosphere. Industrial-style exposed ductwork adds a unique aesthetic. Modern living quarters on the second level present an opportunity for a live and work opportunity. The living quarters are light and bright and feature two bedrooms, a full bath, and spacious living and kitchen areas. This property presents a blank canvas, perfect for those looking to bring creativity to reimagine the space. Downtown Denison is booming, and this opportunity awaits entrepreneurs with vision. Located in an Opportunity Zone, investors and business owners may qualify for available incentives. It is ideal for retail ventures, a restaurant and bar, office spaces, a boutique hotel, lofts, or an event venue. While the building and land are for sale, please note that the existing business is closing and is not included in the transaction. Embrace this incredible opportunity to transform a piece of Denison history into a thriving enterprise in the heart of Denison!

Location

State TX

County Grayson

Zoning Commercial

Direction From Hwy 75, Exit at Morton St. Travel east on Morton St to Mirick St. Turn right (south) on Mirick St. Property is on the corner of Mirick and Owings Streets.

Interior

Heating Central, Electric, Natural Gas

Cooling Central Air, Electric

Flooring Concrete, Hardwood, Luxury Vinyl Plank

Heat Source Central, Electric, Natural Gas

Exterior

Utilities Available All Weather Road, Alley, Cable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter, Overhead Utilities, Phone Available, Sidewalk, Underground Utilities

Roof Type Built-Up,Composition,Metal

Garage No

Building

Lot Description Corner Lot, Level

Foundation Pillar/Post/Pier

Structure Type Metal Siding,Stucco

Others

Ownership See Tax Record

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Special Listing Condition Aerial Photo

Virtual Tour https://listings.joshuacharlesphotography.com/v/S286vDG?b=0

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Victoria Woodard • Homes By Lainie Real Estate Group

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Bella Palacios

+1(903) 920-3913

REALTOR® | License ID: 725058

REALTOR® License ID: 725058

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530 W Owings Street Denison, TX 75020

Bella Palacios

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