Denison, TX 75020,120 S Rusk Avenue

$175,000

Est.Price: ?

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Est. payment /mo

3,005 Sqft Lot


SOLD DATE : 11/25/2024

Key Details

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Subdivision Otp Denison

MLS Listing ID 20714164

Sold Date 11/25/24

Total Fin. Sqft 2880

Year Built 1900

Lot Size 3,005 Sqft

Acres 0.069

Property Description

Located in the vibrant heart of historic downtown Denison, this property offers exceptional potential for investors & business owners alike. The building currently features three separate suites, each with the potential ability to generate rental income. However, the property's flexible layout also allows for the possibility of combining these spaces into one large, open-concept building, perfect for a variety of commercial uses. This property offers incredible versatility. The building requires significant rehab, presenting a unique opportunity to customize the space to your specifications while enhancing its historic character. With some vision & a renovation, this property could become a cornerstone of downtown Denison. Whether you're looking to create a thriving multi-tenant space or a large, singular business location, the possibilities are endless. Don't miss this rare chance to own a piece of Denison's historic downtown with unmatched potential for growth & profitability.

Location

State TX

County Grayson

Zoning Commercial

Direction From HWY 75 and Spur 503, head East on 503. 503 turns into Austin Avenue. Take Austin Avenue to Chestnut Street. Left on Chestnut to Subject on the right. Building is on the Northeast corner of Chestnut Street and Rusk Avenue.

Interior

Heating None

Cooling None

Flooring Carpet, Hardwood, Other, Vinyl, Wood, Wood Under Carpet

Heat Source None

Exterior

Utilities Available City Sewer, City Water, Curbs, Individual Water Meter, Overhead Utilities, Underground Utilities

Roof Type Wood,Other

Garage No

Building

Foundation Pillar/Post/Pier

Structure Type Brick

Others

Ownership HANDER

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Evan Martin • Real
Bought with Amanda Phillips • Real
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