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    200 S Armstrong Ave Denison, TX 75020

    For Sale
    $1,500,000

    Retail - Denison, TX

    Type:Retail
    Lot size:
    0.69 Acres
    Days on Market:
    262
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 200 S Armstrong Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    142898
    Parking features
    Parking Lot
    Lot size
    0.69 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1968
    Flooring type
    Carpet, Concrete, Laminate, Linoleum
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    Bertholf Commercial Real Estate (903) 267-1573

    Listing agent Terrin Bertholf (903) 267-1573 License #0649544

    Listing date Mar 19, 2025

    MLS# 20874352 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Retail Property in Denison

    This income-producing property is located in the heart of Denison. The building features three units. One unit has been occupied by Family Dollar since 1994. Another unit facing Armstrong Avenue offers over 6,400 square feet of vacant retail space with a warehouse in the back. The third unit, fronting Chestnut Street, provides 2,400 square feet of recently updated space suitable for a retail business or an office. The property was recently painted, and the roof has been inspected. The 0.689-acre lot is commercially zoned, allowing for various uses, including retail, grocery, restaurant, and office. The building has excellent visibility from Armstrong Avenue, which sees approximately 7,600 vehicles per day, and is located on the edge of historic Downtown Denison.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denison
    County
    Grayson
    State
    Texas
    Longitude
    -96.545667
    Latitude
    33.754395

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    FAQs

    What type of property is this?
    Retail space - Large income property with three units in the heart of Denison.
    Where is this retail space located?
    The property is located at 200 S Armstrong Ave Denison, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Large income-producing property with a long-term tenant (Family Dollar since 1994).; - Prime location in the heart of Denison with excellent visibility on Armstrong Ave (approx. 7,600 vehicles per day).; - Versatile commercial zoning allowing for retail, grocery, restaurant, and office uses.
    (903) 267-1573
    Request Owner's contact information
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    Denison, TX 75020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 S Armstrong Ave Denison, TX 75020
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