Skip to main content

NTREISListing courtesy of MainStreet Venture Partners, L. Information provided by NTREIS

Active under contract

$250,000

  • 0.61 acre lot

1501 S Armstrong Avenue

View on map

Listing data updated

About this home

Please do not disturb tenants. Property tours by appointment only through the listing broker.

Read the full description

Please do not disturb tenants. Property tours by appointment only through the listing broker.

Investment opportunity along S Armstrong Avenue in Denison. Situated on approximately 0.61 acres, this ±5,400-square-foot multi-tenant retail and business center is configured into five suites ranging from approximately 600 to 1,650 square feet. The provided rent roll reflects full occupancy and current monthly base rent of $3,100, providing immediate income with potential upside through future lease renewals, rent adjustments, and expense reimbursements.

The flexible suite sizes accommodate a variety of neighborhood retail, service, studio, and office users. Armstrong Avenue frontage offers convenient access and visibility within an established area of south Denison. This manageable multi-tenant asset presents an attractive opportunity for an investor seeking existing cash flow with longer-term value-add potential. Rent roll and financial projections are available upon request.

All information is deemed reliable but is not guaranteed. Buyer and Buyer’s Agent are responsible for independently verifying all information, including square footage, acreage, boundaries, zoning, permitted uses, leases, income and expenses, utilities, access, property condition, and suitability for Buyer’s intended use.

Lot size
0.61 acres
Year built
1975
Property type
Retail
Status
Active under contract
MLS number
21372872

Listing courtesy of MainStreet Venture Partners, L

Listing agent Ryan Clevenger

Office phone 903-821-9055

Estimated monthly cost

Estimated payment based on the assumptions shown. It is not a quote, an approval or a rate offer.

See this home in person

Times that work for you (up to three)

Request a tour

This is a request, not a confirmed appointment. QRE Team will confirm within 2 business hours.

Location

Facts and features

Lot

Lot size
0.61 acres

Building

Year built
1975
Property type
Retail

Selling a home in Denison?

Enter your address and a licensed agent will prepare an estimated sale price range.

TODO(Q-09): TREC Rule 535.17 statement — this is a broker price opinion or comparative market analysis, not an appraisal.

Similar homes nearby

See all similar homes

Active homes in Denison with 0 or more beds, listed at $212,500 to $287,500.

New listings in Denison

See all new listings

The newest active homes first.

Listing courtesy of MainStreet Venture Partners, L. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated