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    Historic Office Building with Parking Title is generated by Realmo AI

    1306 N Locust Street N, Denton, TX 76201

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    Claim this Listing
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    For Sale
    $495,000

    1918 converted office space with central HVAC, multiple offices, and off-street parking near downtown Denton.

    Type:Commercial
    Property size:
    2,164 SF
    Price / SF:
    $228/SF
    Added:
    Jun 5, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 6 at 2:03 am

    Property Features for 1306 N Locust Street N

    General Information

    Standard status
    Active
    Size
    2,164 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1918

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    Listing Contact
    Miogene Alexander
    Miogene Alexander

    Listing agent Miogene Alexander

    Listing office CENTURY 21 Judge Fite Co.

    Listing date Jun 5, 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 CENTURY 21 Judge Fite Co.

    HighLights

    • 1918 building converted to commercial office space with preserved original character and modern functionality
    • Flexible layout with 5 private offices, 2 small private offices, conference/waiting room, reception, full kitchen, 2 bathrooms, and gas‑log fireplace
    • Central HVAC plus extensive original hardwood floors, arched doorways, and many original windows/doors/glass elements
    • 7 off‑street parking spaces for clients and staff
    • Zoned MN mixed use (buyer to verify zoning, permitted uses, and development options with the City of Denton)
    • Recent updates include exterior paint, water heater, foundation shimming & wood replacement; plumbing updated under the property including sewer line to the street; gas furnace replaced in 2019

    Overview

    This charming 1918 property has been converted to commercial office space with preserved early architectural character and modern functionality. The interior offers a flexible layout including five private offices, two smaller private offices, a conference or waiting room, reception area, full kitchen, and two bathrooms. Additional features include a fireplace with gas logs, central HVAC, extensive original hardwood floors, arched doorways, and many original windows, doors, and glass elements. Updates and improvements include recent exterior paint, a water heater, foundation shimming and wood replacement, and plumbing updates under the property, including the sewer line to the street. A gas furnace was replaced in 2019, and the property includes Alert 360 security with cameras.

    The property is positioned in Denton in a high-visibility, high-traffic area with walking distance to the Historic Downtown Denton Square and Texas Woman’s University. It also benefits from proximity to major roads and surrounding retail and dining.

    Zoned MN Mixed Use, the building supports a range of professional and creative uses. Supported examples include professional office, counseling or therapy, studio space, gallery, boutique business, and live-work or home-based business, subject to verification by the City of Denton Planning and Zoning. Outside, the property includes seven off-street parking spaces, providing convenient access for clients and staff. Buyer should verify all zoning, permitted uses, and development options with the City of Denton Planning and Zoning. There is currently no handicapped ramp, though space is noted for adding one.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $58.4k $27.00
    − Vacancy −$13.1k −$6.08
    EGI $45.3k $20.93
    − OpEx −$11.3k −$5.23
    NOI $34.0k $15.69
    2,164 SF · lease $27.00/SF/yr · vacancy 22.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $485.2K
    $424.5K – $566.0K (±1% cap)
    NOI $33,961 @ 7.0% cap · market cap 6.86%
    Second Best
    Mixed Use
    $408.1K
    $357.1K – $476.1K (±1% cap)
    NOI $28,565 @ 7.0% cap · market cap 5.77%
    Theoretical Best
    Office A
    $676.1K
    $591.6K – $788.8K (±1% cap)
    NOI $47,327 @ 7.0% cap · market cap 9.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Reflections Counseling of Denton Mental Health Service North Texas Health ... Physician W. R. Townsend-Parchman, ... Physician Taylor Contreras, M.S., ... Counselor Kade Anderson, MS, ... Counselor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Denton
    State
    Texas
    Longitude
    -97.1319766
    Latitude
    33.2254039

    FAQs

    What type of property is this?
    Office building - 1918 converted office space with central HVAC, multiple offices, and off-street parking near downtown Denton.
    Where is this office building located?
    The property is located at 1306 N Locust Street N Denton, TX.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 1918 building converted to commercial office space with preserved original character and modern functionality; Flexible layout with 5 private offices, 2 small private offices, conference/waiting room, reception, full kitchen, 2 bathrooms, and gas‑log fireplace; Central HVAC plus extensive original hardwood floors, arched doorways, and many original windows/doors/glass elements
    More about this property
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