Updated Historic Retail
For Sale
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126 W Main Street, Denison, TX 75021
Historic storefront with modern interior finishes, central HVAC, track lighting, and a downtown Main Street setting.
Property Size3,000 SF
Price / SF$0.63
Days on Market50
Property Features for 126 W Main Street
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Retail
Amenities
laminate flooring
central heat and air
track lighting
wider sidewalks
new planters
improved street lighting
Building Details
Year Built
1900
Listing Agency:
Tracy Realty
(903) 786-3115
Listed By:
Tommi Sue Homuth · License #0623240
(469) 879-2265
Source:
Lonestarluxuryrealty
Added: Sep 4
Changed: Oct 16
Last Checked: Oct 20 at 9:55PM
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 Tracy Realty
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Investment Insights
Based on property information with market context.
Built in 1900, this 3,000-square-foot retail space combines historic character with practical interior updates. Improvements include laminate flooring, central heat and air, track lighting, and a dedicated retail layout suited to storefront operations. The property is located at 126 W Main Street in Denison’s Historic District, where businesses must meet applicable district requirements.
The surrounding block has wider sidewalks, new planters, and upgraded street lighting. The space is across from Horses Axe and Black Sheep Cigar Bar and is a short distance from Katy Depot, which includes restaurants and shops. The property offers an established downtown setting for a retail business seeking a visible Main Street address.
The surrounding block has wider sidewalks, new planters, and upgraded street lighting. The space is across from Horses Axe and Black Sheep Cigar Bar and is a short distance from Katy Depot, which includes restaurants and shops. The property offers an established downtown setting for a retail business seeking a visible Main Street address.
Key Highlights
- 3,000 SF retail space in a historic building
- Built in 1900 with updated interior finishes
- Laminate flooring, central heat and air, and track lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,795
Suggested Prices Based on Cap Rates
Cap Rate 5%
$995,900
$995.9K
Cap Rate 7%
$711,357
$711.4K
Cap Rate 9%
$553,278
$553.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$74.9K $24.96/SF
− Vacancy
−$3.7K −$1.25/SF
EGI
$71.1K $23.71/SF
− OpEx
−$21.3K −$7.11/SF
NOI
$49.8K $16.60/SF
Area
Grayson County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$995,900
Cap Rate 7%
$711,357
Cap Rate 9%
$553,278
Alternative Uses
Best Use
Retail
$711.4K
$622.4K – $829.9K
NOI $49,795 @ 7.0% cap · market cap 2,620.79%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.54M
$1.35M – $1.80M
NOI $107,730 @ 7.0% cap · market cap 5,670.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
798
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Historic storefront with modern interior finishes, central HVAC, track lighting, and a downtown Main Street setting.
Where is this retail space located?
The property is located at 126 W Main Street Denison, TX.
What are key features of this property?
This property features: 3,000 SF retail space in a historic building; Built in 1900 with updated interior finishes; Laminate flooring, central heat and air, and track lighting
