$ 175,000

120 S Rusk Avenue

Denison, TX 75020

  • 3,005 Lot Size
  • 1900 Year Built
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.
Listed by Evan Martin of Real , Sold By Amanda Phillips of Real

PROPERTY DETAIL

  • Key Details

    Sold Price $175,000

    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 Sub-Type Business

  • 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.

  • Building

    Foundation Pillar/Post/Pier

    Structure Type Brick

  • 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

  • Others

    Ownership HANDER

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Financing Conventional

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