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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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221-223 N Locust St , Denton, TX 76201
$575,000
Est. Payment: $2,960.35/mo
0 Bed
0 Bath
2900 Sqft
Status: active | Days on site: 61
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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. Please do not disturb tenants. Showings are by appointment only with advance notice.

Highlights

Listed by Melissa Cooper , INC Realty, LLC , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.12

Year Built

1965

County

Denton

Neighborhood

O T Denton

Listing ID

21312731

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air,Electric
Fireplaces:
Floor:Carpet,Laminate

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Zoning:DC-G
Roof:Metal
Others:
  • Additional:Preowned
Parking Features:On Street,Parking Lot
Principal Interest
$2,960
Taxes
$539

Home Price

$575,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$115,000
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:
$2,960.35

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,960.35 $539.08 $0.00 $3,499.43
Yearly $35,524.20 $6,469.00 $0.00 $41,993.20
Total $1,065,725.90 $194,070.00 $0.00 $1,259,795.90

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 (Denton, 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: 2026-08-25T01:22:49.237Z

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