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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1501 S Armstrong Ave , Denison, TX 75020
$250,000
Est. Payment: $1,383.80/mo
5234 Sqft
0.61 Acres
Status: active | Days on site: 43
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House Description

Please do not disturb tenants. Property tours by appointment only through the listing broker. Investment opportunity along S Armstrong Avenue in Denison. Situated on approximately 0.61 acres, this ±5,400-square-foot multi-tenant retail and business center is configured into five suites ranging from approximately 600 to 1,650 square feet. The provided rent roll reflects full occupancy and current monthly base rent of $3,100, providing immediate income with potential upside through future lease renewals, rent adjustments, and expense reimbursements. The flexible suite sizes accommodate a variety of neighborhood retail, service, studio, and office users. Armstrong Avenue frontage offers convenient access and visibility within an established area of south Denison. This manageable multi-tenant asset presents an attractive opportunity for an investor seeking existing cash flow with longer-term value-add potential. Rent roll and financial projections are available upon request. All information is deemed reliable but is not guaranteed. Buyer and Buyer’s Agent are responsible for independently verifying all information, including square footage, acreage, boundaries, zoning, permitted uses, leases, income and expenses, utilities, access, property condition, and suitability for Buyer’s intended use.

Highlights

Listed by Ryan Clevenger , MainStreet Venture Partners, L , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.61

Year Built

1975

County

Grayson

Neighborhood

Belcher I G

Listing ID

21372872

Questions about this listing?

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Interior Features

Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:.5 to < 1 Acre
Zoning:C1
Roof:Shingle,Wood
Others:
  • ▪ Additional:Preowned
Parking Features:Additional Parking
Principal Interest
$1,384
Taxes
$500

Home Price

$250,000

Loan Details

30 yrs
7.393%

Down Payment

20%
$50,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,383.80

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,383.80 $500.33 $0.00 $1,884.14
Yearly $16,605.66 $6,004.00 $0.00 $22,609.66
Total $498,169.68 $180,120.00 $0.00 $678,289.68

Today's Rates

30 Year

7.39%

20 Year

7.2%

15 Year

6.63%

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Market insight data is pulled from the same city as the listing being viewed (Denison, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-11T00:07:32.300Z

© 2026 North Texas Real Estate Information Systems