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Downtown Denison Office Building

121 S Austin Avenue, Denison, TX 75020

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For Sale

$525,000

High-visibility office building with private parking in downtown Denison.

Type:Commercial

Property size:

1,677 SF

Price / SF:

$313/SF

HighLights

Premier downtown location on a hard corner with exceptional exposure.
Private parking lot, a rare and invaluable asset.
Functional and flexible interior layout easily adaptable to various business uses.
Located in the growing Sherman‑Denison area with major corporate investment.
Proximity to restaurants, shops, entertainment, and community events.
Built in 1995.

We can help!

Listing Contact

Cory Meals

Learn more

For Sale

$525,000

High-visibility office building with private parking in downtown Denison.

Type:Commercial

Property size:

1,677 SF

Price / SF:

$313/SF

Added:: Apr 22, 2026
Days on Market:: 52
Last Refresh:: Apr 22 at 5:25 pm

Property Features for 121 S Austin Avenue

General Information

Standard status: Active
Size: 1,677 SF
Property subtype: Commercial

Building Details

Year Built: 1995

We can help!

Listing Contact

Cory Meals

Listing agent Cory Meals

Listing office eXp Realty LLC

Listing date Apr 22, 2026

Source Signaturere

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC

HighLights

Premier downtown location on a hard corner with exceptional exposure.
Private parking lot, a rare and invaluable asset.
Functional and flexible interior layout easily adaptable to various business uses.
Located in the growing Sherman‑Denison area with major corporate investment.
Proximity to restaurants, shops, entertainment, and community events.
Built in 1995.

Overview

Located on the corner of Austin Ave & Chestnut St in downtown Denison, this commercial office building offers exceptional exposure. The interior is thoughtfully laid out and currently configured for a law practice, offering a flexible and functional design that can easily adapt to a variety of business uses. Inside, there is an open flex space, two private offices, a large conference room, two restrooms, and a dedicated storage and equipment closet. The space balances privacy and openness. This location includes its own private parking lot. The building offers approximately 1,677 square feet of office space and sits on a corner lot. Businesses positioned in downtown Denison enjoy proximity to restaurants, shops, entertainment, and community events. This property delivers strong exposure, a functional office layout, private parking, and a premier downtown address. It is an ideal opportunity for a professional service creative firm or growing business looking to establish a downtown footprint.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$51.5k	$30.72
− Vacancy	−$14.1k	−$8.42
EGI	$37.4k	$22.30
− OpEx	−$9.4k	−$5.58
NOI	$28.1k	$16.73

1,677 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%

Alternative Uses

Best Use

Office B

$400.7K

$350.6K – $467.5K (±1% cap)

NOI $28,051 @ 7.0% cap · market cap 5.34%

Second Best

—

no second resolved use

Theoretical Best

Hotel Hospitality

$860.3K

$752.8K – $1.00M (±1% cap)

NOI $60,221 @ 7.0% cap · market cap 11.47%

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

Location Intelligence

Current Use by Public Records

Davis Legal | Grayson ... Law Firm Black Bull Limousine ... Car Rental Facility Bill Kennedy Law, ... Law Firm Kensko Aquatics LLC General Contractor

Suggested Use

Location Insight

Map
Local Demand

City: Denison
County: Grayson
State: Texas
Longitude: -96.5371081
Latitude: 33.7546777

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For sale
Office buildings
TX
Denison
75020
121 S Austin Avenue

What type of property is this?

Office building - High-visibility office building with private parking in downtown Denison.

Where is this office building located?

The property is located at 121 S Austin Avenue Denison, TX.

What is the asking price?

The asking price for this property is $525,000.

What are key features of this property?

This property features: Premier downtown location on a hard corner with exceptional exposure.; Private parking lot, a rare and invaluable asset.; Functional and flexible interior layout easily adaptable to various business uses.