1721 S Armstrong Avenue, Denison, TX 75020 - MLS#20656930

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Debbie Waters

debbiewaters@ziglarrealty.com +1(972) 841-8461

$1,080,000

Est. payment - /mo

0.64 Acres Lot

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UPDATED:

10/10/2024 06:10 AM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Englewood R E Add

MLS Listing ID 20656930

Total Fin. Sqft 3682

Year Built 1940

Lot Size 0.636 Acres

Acres 0.6364

Property Description

Great opportunity to own an income-producing building in the heart of Denison leased to Kickbacks restaurant. This building was completely renovated in 2021 and has a tenant in place paying $7,250 per month until May of 2027. The lively dining room and can seat over 60 guests. The outdoor patio can accommodate another 110+ guests, and has a stage that is fully equipped for live music. The building has a total of 50 parking spaces in the recently paved parking lots. Updates completed in 2021 include components such as: parking lot, roof, interior finish out, windows, floors, HVAC, plumbing, wiring, and three phase power. Kickback's Backyard is a highly rated Denison restaurant, boasting a 4.8 star rating on Google from over 350 reviews. Call today to schedule a showing and please do not disturb the tenants.

Location

State TX

County Grayson

Zoning Light Industrial

Direction From US 75 heading north, taken exit 66 onto Spur 503. Take exit 598 to merge onto Highway 91 (Texoma Parkway) and head south. Continue straight for 1.5 miles and the building will be on your left.

Interior

Heating Central

Cooling Central Air

Flooring Concrete

Heat Source Central

Exterior

Utilities Available City Sewer, City Water, Co-op Electric

Roof Type Metal,Synthetic

Garage No

Building

Foundation Slab

Structure Type Concrete

Others

Ownership 1721 Armstrong Series, LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Terrin Bertholf • Bertholf Commercial Real Estate

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Debbie Waters

+1(972) 841-8461

Agent | License ID: 0623163

Agent License ID: 0623163