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Office Building with Attached Garage
For Sale
$479,000

118 W Chestnut Street, Denison, TX 75021

CommercialSale, Denison, TX

Property SizeContact for details
Lot Size0.14 Acres
Days on Market114

Property Features for 118 W Chestnut Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Zoned light industrial, but functionally, this should be a general commercial zoning.
Parking features Alley, Garage
Subdivision Otp Denison
Directions Driving North on Austin Ave, turn east onto Chestnut St. The property will be on the south side of Chestnut St.
Standard status Active
APN 143181
Lot size 0.14 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Property Use Office
Condition Newly Renovated

Taxes and HOA fees

Tax Description OTP DENISON, BLOCK 60, LOT 10 11, 50 X 120, 6
Tax Annual Amount 10320
Legal Description OTP DENISON, BLOCK 60, LOT 10 11, 50 X 120, 6

Utilities

Sewer type Public Sewer
Heating system Zoned, Natural Gas, Central
Cooling system Zoned, Central Air, Electric
Water source Public

Building Details

Year built 1950
Floors in Building 1
Number of units 1
Flooring type Carpet, Concrete
Building materials Brick, Concrete
Roof type Synthetic
Buildings 1
Listing Agency: Bertholf Commercial Real Estate
Listed By: Terrin Bertholf · License #9014873
Added: Jul 12 Changed: Oct 30 Last Checked: Nov 2 at 12:06PM
MLS# 21303456

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.

Rey
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Investment Insights

Based on property information with market context.

Originally constructed in 1950, this brick-and-concrete office property underwent a comprehensive renovation in 2023. The current arrangement provides six offices sized for a ten-person operation, along with a conference room, two restrooms, kitchen, printer room, and attached 500 SF climate-controlled garage. Interior details include walnut wall finishes, transom windows, corner glass, custom lighting, concrete and carpet flooring, and a functional office layout. The garage can support storage, equipment, fitness use, or conversion to additional office area.

Set on 0.138 acres at 118 W Chestnut Street in Denison, the property includes garage and alley parking features. Public water and public sewer serve the site. Heating and cooling are provided through central, zoned systems, with natural gas heat and electric air conditioning. The building will be delivered vacant upon sale; individual offices are currently leased by the owners to tenants.

Key Highlights

  • Comprehensively remodeled in 2023, including roof, electrical, plumbing, and interior finish‑out
  • Six offices configured to accommodate 10 people
  • 500 SF climate‑controlled attached garage with potential for office conversion

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Vanguard Design Association General Contractor BHB Land Services, ... General Contractor

Suggested Use

Top Pick Dental Office Real Estate Agency Storage Facility HVAC Service Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby

Demographics for 75021, TX

8,288
Population
3,871
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
90%
High-School Grad
58.4 sq mi
ZIP Area
142
Density / Sq Mi
$67,159
Median Household Income
$36,955
Median Earnings
$900
Median Rent
$188,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Renovated professional workspace with six offices, conference room, kitchen, and two restrooms.
Where is this office building located?
The property is located at 118 W Chestnut Street Denison, TX.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Comprehensively remodeled in 2023, including roof, electrical, plumbing, and interior finish‑out; Six offices configured to accommodate 10 people; 500 SF climate‑controlled attached garage with potential for office conversion
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