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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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501 W Main St , Denison, TX 75020
$1,350,000
Est. Payment: $6,950.39/mo
0 Bed
0 Bath
3000 Sqft
Status: active | Days on site: 23
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Exceptional opportunity to acquire a signature mixed-use asset on Main Street in the heart of Historic Downtown Denison, Texas. This beautifully restored historic property features an expansive street-level retail space and two fully renovated residential lofts, all currently fully leased, providing immediate, stabilized cash flow and long-term investment potential. Located within one of North Texas' fastest-growing economic corridors, Historic Downtown Denison continues to experience significant revitalization, expanding business activity, increasing tourism, and sustained demand for both commercial and residential space. Whether you're seeking a stable income-producing investment or a premier mixed-use asset in a thriving downtown district, this property is ideally positioned to benefit from the area's continued growth and continued appreciation. Situated on a highly visible corner, the property offers outstanding visibility, excellent accessibility, abundant on-street parking, and multiple public parking lots conveniently located within walking distance. The meticulously maintained retail space and beautifully renovated residential lofts showcase the character and quality that make Historic Downtown Denison one of North Texas' most desirable downtown destinations. With all retail and residential spaces fully leased, this property offers investors immediate, stabilized income from day one. Detailed rent roll and lease information are available in the supplemental documents.

Highlights

Listed by Rhonda Borgne , OnDemand Realty , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.07

Year Built

1900

County

Grayson

Neighborhood

Stevens Add

Listing ID

21347637

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Luxury Vinyl Plank

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Zoning:commercial retail
Roof:Flat,Synthetic
Others:
  • Additional:Preowned
Parking Features:Alley Access,Off Street,On Street
Principal Interest
$6,950
Taxes
$861

Home Price

$1,350,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$270,000
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:
$6,950.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,950.39 $860.63 $0.00 $7,811.01
Yearly $83,404.64 $10,327.50 $0.00 $93,732.14
Total $2,502,139.06 $309,825.00 $0.00 $2,811,964.06

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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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: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems