221-223 N Locust St, Denton, TX 76201
- $575,000
- List Price
- $575,000
- MLS#
- 21312731
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 1965
- Construction Status
- Preowned
- Acres
- 0.12
- County
- Denton
- City
- Denton
- Subdivision
- O T Denton
Property 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.
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Additional Information
- Unexempt Taxes
- $6,469
- Tenant Pays
- AllUtilities
- Lot Size
- 5,401
- Acres
- 0.12
- Lot Description
- Historic District
- Flooring
- Carpet, Laminate
- Foundation
- Slab
- Roof
- Metal
- Building Stories
- 1
- Parking Garage
- Parking Lot, On Street
- Possession
- CloseOfEscrow, SubjectToTenantRights
- Proposed Use
- Office, Retail
- Inclusions
- Building Only, Land & Improvements
Mortgage Calculator
Listing courtesy of Melissa Cooper from INC Realty, LLC. Contact: 940-300-2334