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    Downtown Denison Retail Investment Opportunity Title is generated by Realmo AI

    431 W Main Street, Denison, TX 75020

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    Claim this Listing
    For Sale
    $799,000

    Retail - Denison, TX

    Type:Retail
    Lot size:
    0.14 Acres
    Added:
    Feb 17, 2026
    Days on Market:
    88
    Last Refresh:
    May 16 at 4:06 am

    Property Features for 431 W Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Parking features
    On Street
    Standard status
    Active
    APN
    143107
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1959
    Flooring type
    Carpet, Tile, Tile - Ceramic, Vinyl
    Building materials
    Brick
    Roof type
    Flat, Synthetic
    Architectural style
    Other

    We can help!

    Listing Contact
    Megan Christensen

    Listing agent Megan Christensen License #0682136

    Listing office Texas Life Real Estate 1203 S Lang Ave, Pottsboro, TX

    Listing date Feb 17, 2026

    MLS# 21135204 Listing URL

    Copyright © 2026 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.

    HighLights

    • Prime downtown Denison location at the high‑traffic corner of W. Main Street and N. Fannin Avenue.
    • Fully occupied with eight leasable units providing immediate income.
    • Recent improvements including new ductwork, a new 5‑ton American Standard furnace and AC condenser, and a newer TPO roof.
    • Denison's strong economic momentum, including the 2025 Great American Main Street Award.
    • Significant increase in Main Street property values (200% over 15 years).
    • Potential access to DDA or DDF grants from the City of Denison.

    Overview

    This prominent brick building, on the market for the first time in over 30 years, is located in the heart of downtown Denison at the northeast corner of W. Main Street and N. Fannin Avenue. The building is at 100% occupancy and currently houses Guymon Brothers Trading Co., Stones of the Heart, A Timeless Journey vintage boutique, and Joy’s Hairstyling & Paradise Nail Salon. It features eight leasable units, each with its own distinct character. All tenants are on month-to-month leases and have expressed a desire to remain. Recent improvements to the property include all-new ductwork, a new 5-ton American Standard furnace and AC condenser installed this spring, and a newer TPO roof. Positioned on a heavily trafficked block of Main Street, the building sits directly across from the iconic Rialto Theater and next door to the upcoming Denison location of 903 Brewers. Denison has earned the nationally recognized 2025 Great American Main Street Award. Downtown Denison draws visitors from across the region with its wineries, antique stores, eclectic dining, and boutique shopping. Main Street property values have increased by 200% over a 15-year period. Denison was established in 1872 and has long served as a regional hub, with its Main Street Program attracting more than $80 million in investment. The City of Denison is enhancing the streetscape with brick paver roadways to restore historic character. The lot size is 0.1377 acres. Buyers are encouraged to inquire with the City of Denison regarding available grants to help bring your business vision to life.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Epiphysis Physician Moonbeam Wellness Co. Alternative Medicine Practice YOUnique Healings Alternative Medicine Practice Intuitive Heart and Hands Alternative Medicine Practice Healing Touch Reiki Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • Judy's — 430 w woodard st, denison, tx 75020

    Location Insight

    • Map
    • Local Demand
    City
    Denison
    County
    Grayson
    State
    Texas
    Longitude
    -96.541308
    Latitude
    33.755772

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    FAQs

    What type of property is this?
    Storefront property - Fully occupied retail building in the heart of downtown Denison.
    Where is this storefront property located?
    The property is located at 431 W Main Street Denison, TX.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Prime downtown Denison location at the high‑traffic corner of W. Main Street and N. Fannin Avenue.; Fully occupied with eight leasable units providing immediate income.; Recent improvements including new ductwork, a new 5‑ton American Standard furnace and AC condenser, and a newer TPO roof.
    (903) 818-6079
    We can help!
    Listing Contact
    Megan Christensen
    Real Estate License ID: 0682136
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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