Denison, TX 75020 227 W Chestnut Street
$999,000
30 more
- MLS# 20851149
- 02/21/2025
Presented By: Terrin Bertholf with Bertholf Commercial Real Estate;
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
SQFT • 3,000
Year Built • 1945
Home Details
Discover an exceptional opportunity in downtown Denison to own an income-producing restaurant building. This building is currently leased for $5,000 per month plus NNN until December of 2027. The dining area comfortably sits approximately 50 guests, complemented by a 50-seat patio. The kitchen offers a highly-functional layout. The parking lot has over 40 spaces, with the potential for building expansion to further enhance this prime location. The building is close to restaurants such as Subway, Whataburger, Emily's Kitchen, 1880 Ice House, Cafe Blackbird, Nick’s Family Restaurant, and Iron Horse Bar & Grill. Downtown Denison thrives as a hub for commerce and community, housing over 200 small businesses. This building is currently leased for $5,000 per month plus NNN until December of 2027. The sale includes all kitchen equipment and furnishings.
Presented By: Terrin Bertholf with Bertholf Commercial Real Estate;
Interior Features for 227 W Chestnut Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringConcrete
Heating Y/NYes
Total Stories1
General for 227 W Chestnut Street
Additional Parcels Y/NNo
Attached Garage No
Business TypeRestaurant
Carport Y/NNo
CityDenison
Construction MaterialsBrick
CoolingCentralAir
CountyGrayson
DirectionsFrom Highway 75 northbound, take exit 66 onto TX-503 Spur (Eisenhower Parkway), in 4.3 miles turn left onto Chestnut Street, building will be on the right.
Electric On Property Y/NNo
Garage Y/NNo
Gross Income0.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Leasable Area3000.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionOTP DENISON, BLOCK 52, LOT 19, 25 X 120 3, 000
Lot Size Square Feet14997.71
Lot Size UnitsAcres
MobileHomeRemainsYNNo
ModificationTimestamp2025-02-22T02:10:41.810-00:00
Net Operating Income0.0
New ConstructionNo
Number Of Units Total1
Occupancy TypeTenant
PossessionCloseOfEscrow
Possible UseRestaurant
Property Attached Y/NNo
Property Sub Type AdditionalBusiness
Property SubtypeBusiness
Property TypeCommercialSale
Rent Control Y/NNo
RoofSynthetic
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Subdivision NameOtp Denison
Tax Annual Amount8326.0
Tax Lot19
Tenant PaysNone
UtilitiesElectricityAvailable, SewerAvailable, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1945
Year Built DetailsPreowned
Zoning DescriptionCentral Area (Downtown District)
Exterior for 227 W Chestnut Street
Building Area Total3000.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
InclusionsFurniture, Inventory, Land & Improvements
Irrigation Water Rights Y/NNo
Lot Dimensions125' x 120'
Lot Size Acres0.3443
Lot Size Area0.3443
Lot Size SourcePublicRecords
Open Parking Y/NNo
Parking FeaturesParkingLot
SpaNo
Water SourcePublic
Additional Details
Price History
Suzanne Smith
Broker/Owner