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118 W Chestnut St 2,256 SF 100% Leased Retail Building Denison, TX 75021 $479,000 ($212.32/SF)
Investment Highlights
- Remodeled 2023
- Convenient Location
- Functional Layout
Executive Summary
This office building was fully gutted and remodeled in 2023, including the roof, electrical, plumbing, and complete interior finish-out. The current layout features six offices that comfortably accommodate ten people, a large conference room, two restrooms, a kitchen, a printer room, and an attached garage. Decorative walnut walls, transom windows, corner glass, custom lighting, and a thoughtful floor plan combine to create a space that is both aesthetically refined and highly functional. Presently operating as a professional office, the property is well suited for a title company, law office, real estate brokerage, accounting firm, financial advisory practice, or similar use. The current owners lease individual offices to tenants; however, the building will be delivered vacant upon sale. The property also includes a 500 SF climate-controlled garage, ideal for storage, equipment, a fitness area, or similar use—and easily convertible into additional office space.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,256 SF
Year Built/Renovated
1980/2023
Price
$479,000
Price Per SF
$212.32
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
LI - Zoned Light Industrial, but functionally, this is better suited for general commercial use.
Frontage
50’ on Chestnut St
Amenities
- 24 Hour Access
- Courtyard
- Storage Space
- Air Conditioning
- Fiber Optic Internet
- Awning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Batts Avl
- Public Administration
- -
- -
- -
-
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Batts Avl | Public Administration | - | - | - | ||
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- | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 143181 | Improvements Assessment | $349,171 |
| Land Assessment | $96,000 | Total Assessment | $445,171 |
Property Taxes
Parcel Number
143181
Land Assessment
$96,000
Improvements Assessment
$349,171
Total Assessment
$445,171
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Contact the Sale Advisor
118 W Chestnut St