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221-223 N Locust St 2,900 SF 100% Leased Office Building Denton, TX 76201 $575,000 ($198.28/SF)
Executive Summary
Exceptional investment opportunity in the heart of Downtown Denton. Located just one block from the Historic Denton Square, this fully leased, income-producing commercial property offers approximately 2,900 square feet on a highly visible corner at N. Locust Street and W. McKinney Street.
The property is 100% occupied by two established local businesses with active leases extending through approximately mid-2027, including Grammy Award-winning Brave Combo, a nationally recognized Denton institution. The existing tenancy provides immediate cash flow while adding to the property's longstanding connection to Downtown Denton's vibrant arts and music community.
Positioned within the DC-G (Downtown Code – General) zoning district, the property offers flexibility for a variety of commercial uses, including office, retail, studio, creative, professional services, and other downtown-compatible uses, subject to City of Denton approval. The single-story building features excellent street visibility, attractive storefront presence, convenient on-street parking, and additional rear parking. Surrounded by restaurants, retail shops, entertainment venues, professional offices, and the vibrant Downtown Denton Square, the location benefits from consistent pedestrian activity, established businesses, nearby university populations, and continued downtown investment.
Whether expanding an investment portfolio or acquiring a well-located downtown commercial asset with immediate cash flow, this property presents an outstanding opportunity in one of Denton's most sought-after commercial corridors.
Buyer and Buyer's Agent to independently verify all information, including zoning, permitted uses, square footage, property condition, lease terms, occupancy, income and expense information, parking, ADA compliance, development potential, and all other information deemed material to the Buyer's intended use. Property is tenant occupied. Showings are by appointment only and must be coordinated with the Listing Agent. Please do not disturb tenants, employees, or business operations.
The property is 100% occupied by two established local businesses with active leases extending through approximately mid-2027, including Grammy Award-winning Brave Combo, a nationally recognized Denton institution. The existing tenancy provides immediate cash flow while adding to the property's longstanding connection to Downtown Denton's vibrant arts and music community.
Positioned within the DC-G (Downtown Code – General) zoning district, the property offers flexibility for a variety of commercial uses, including office, retail, studio, creative, professional services, and other downtown-compatible uses, subject to City of Denton approval. The single-story building features excellent street visibility, attractive storefront presence, convenient on-street parking, and additional rear parking. Surrounded by restaurants, retail shops, entertainment venues, professional offices, and the vibrant Downtown Denton Square, the location benefits from consistent pedestrian activity, established businesses, nearby university populations, and continued downtown investment.
Whether expanding an investment portfolio or acquiring a well-located downtown commercial asset with immediate cash flow, this property presents an outstanding opportunity in one of Denton's most sought-after commercial corridors.
Buyer and Buyer's Agent to independently verify all information, including zoning, permitted uses, square footage, property condition, lease terms, occupancy, income and expense information, parking, ADA compliance, development potential, and all other information deemed material to the Buyer's intended use. Property is tenant occupied. Showings are by appointment only and must be coordinated with the Listing Agent. Please do not disturb tenants, employees, or business operations.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
2,900 SF
Building Class
B
Year Built
1965
Price
$575,000
Price Per SF
$198.28
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,900 SF
Building FAR
0.54
Lot Size
0.12 AC
Zoning
DC-G - Downtown Code – General (DC-G) – Permits a variety of downtown commercial uses including office, retail, restaurant, studio, professional services, an
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R32923 | Improvements Assessment | $1,301 |
| Land Assessment | $324,060 | Total Assessment | $325,361 |
Property Taxes
Parcel Number
R32923
Land Assessment
$324,060
Improvements Assessment
$1,301
Total Assessment
$325,361
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221-223 N Locust St