216 W Main Street Denison, TX 75020
COMMERCIAL - Denison, TX
Property Features for 216 W Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Alley, On Street
- Standard status
- Active
- APN
- 143154
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Description
- OTP DENISON, BLOCK 52, LOT 9 & 10, 50 X 120 6
- Tax Annual Amount
- 12008
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Brick, Concrete, Rock, Stone, Stucco
- Roof type
- Metal
Listing agent Evan Ramsey License #0845775 (903) 267-1573
Listing office Bertholf Commercial Real Estate Denison, TX (903) 267-1573
Listing date Jun 24, 2026
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.
Investment Insights
Based on property information with market context.
The building is situated on Main Street in the heart of Downtown Denison, where it benefits from visibility and walkability within a district that continues to see investment. Approximately 6,000 SF of space is available, providing a flexible footprint for adaptive uses such as hospitality, entertainment, retail, brewery, event venue, showroom, creative office, or mixed-use concepts.
With original architectural elements and soaring ceiling height, the interior character is part of what makes the space difficult and costly to replicate, while the open layout supports a range of tenant and operating approaches.
Key Highlights
- Approximately 6,000 SF historic downtown commercial space on Main Street, most recently occupied by Ivanhoe Ale Works
- Over 20‑foot ceilings and an expansive open floor plan
- Warehouse‑style layout suited for hospitality, entertainment, retail, brewery, event venue, showroom, creative office, or mixed‑use concepts
Local Financial Insights For Industrial
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 | $49.0k | $8.16 |
| − Vacancy | −$4.3k | −$0.72 |
| EGI | $44.7k | $7.44 |
| − OpEx | −$13.4k | −$2.23 |
| NOI | $31.3k | $5.21 |
