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

$1,490,000

0 Bed
0 Bath
14,400 Sqft
.14 Acre
0 Garage

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.

Essential Information
MLS® #20412384
Price$1,490,000
Bathrooms0.00
Square Footage14,400
Acres0.14
Year Built1914
TypeCommercial Sale
Sub-TypeBusiness
StatusActive
Community Information
Address507 - 509 W Main Street
SubdivisionStevens Add
CityDenison
CountyGrayson
StateTX
Zip Code75020-3123
Amenities
GaragesCommon, On Site
Utilities

All Weather Road, Alley, Asphalt, City Sewer, City Water

Interior
HeatingNatural Gas
# of Stories2
Stories2
Exterior
RoofFiber Cement
FoundationCombination, Pillar/Post/Pier
Construction

Brick, Concrete, Plaster, See Remarks, Wood

Additional Information
ZoningCommercial Food Court Loft
Listing Details
AgentBob Alexander
OfficeTracy Realty
Contact903-786-3115
Property History
Price Reduced from $1,590,000 to $1,490,000
Price Reduced from $1,699,000 to $1,590,000
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Listing information last updated on May 3rd, 2024 at 10:16pm CDT.