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Property Description
Exceptional opportunity to acquire a signature mixed-use asset on Main Street in the heart of Historic Downtown Denison, Texas. This beautifully restored historic property features an expansive street-level retail space and two fully renovated residential lofts, all currently fully leased, providing immediate, stabilized cash flow and long-term investment potential. Located within one of North Texas' fastest-growing economic corridors, Historic Downtown Denison continues to experience significant revitalization, expanding business activity, increasing tourism, and sustained demand for both commercial and residential space. Whether you're seeking a stable income-producing investment or a premier mixed-use asset in a thriving downtown district, this property is ideally positioned to benefit from the area's continued growth and continued appreciation. Situated on a highly visible corner, the property offers outstanding visibility, excellent accessibility, abundant on-street parking, and multiple public parking lots conveniently located within walking distance. The meticulously maintained retail space and beautifully renovated residential lofts showcase the character and quality that make Historic Downtown Denison one of North Texas' most desirable downtown destinations. With all retail and residential spaces fully leased, this property offers investors immediate, stabilized income from day one. Detailed rent roll and lease information are available in the supplemental documents.
Full Property Details
Full Property Details for 501 W Main St
General
- Price: $1,350,000
- Status: Active
- Type: Commercial Residential Facility
- Source: NTREIS
- MLS ID: 21347637
- Updated: 8/1/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Rental, Retail
Interior
- Flooring: Luxury Vinyl Plank
Parking
- Parking Features: Alley Access, Off Street, On Street
Location
- County: Grayson
- Subdivision: Stevens Add
- Driving Directions: Please see GPS for directions
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Roof: Flat, Synthetic
- Stories/Levels: 12
- Square Feet: 3,000
- Sq. Ft. Source: Owner
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.069
- Lot Size (Sq. Ft.): 3,005.64
- Lot Size Source: Owner
- Lot Features: Historic District
- Potential Use: Retail
- Zoning: commercial retail
Financial Considerations
- Owner Pays: Trash Collection, Water
- Tenant Pays: All Utilities, Electricity
Disclosures and Reports
- Legal Description: STEVENS ADDN, BLOCK 13, LOT 32, 25X120 (C) 30
- Inclusions: Building Only
- Property ID: 143266
- Block: 13
- Lot Number: 32
Listed by OnDemand Realty, Rhonda Borgne
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Schools
Schools serving 501 W Main St
School District:Denison Independent School District
| Name | Grades | Distance |
|---|---|---|
Terrell Elementary School 230 Martin Luther King Street, Denison, TX 75020 | PK-4 | 0.6 mi |
Henry Scott Middle 1901 South Mirick Avenue, Denison, TX 75020 | 7-8 | 1.3 mi |
Denison High School 4200 Texas 91, Denison, TX 75020 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 W Main St
Date
Details
Price
Change
Source
8/01/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 501 W Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,892
23%
$459,264
20%
2023
$7,226
-25%
$382,720
20%
2022
$9,671
—
$318,933
-22%
2022
$9,671
79%
$407,041
85%
2021
$5,391
-3%
$220,168
—
2020
$5,553
35%
$220,168
47%
2018
$4,126
36%
$149,959
37%
2017
$3,033
-1%
$109,325
—
2016
$3,058
-23%
$109,325
-27%
2019
$3,956
256%
$149,959
281%
2015
$1,112
—
$39,375
—
2014
$1,112
1%
$39,375
1%
2013
$1,099
—
$38,914
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 W Main St
501 W Main Street, Denison, TX 75020 (MLS# 21347637) is a Commercial Residential Facility property. 501 W Main Street is currently listed for $1,350,000 and was received on August 01, 2026. Want to learn more about 501 W Main Street? Do you have questions about finding other Commercial Residential Facility real estate for sale in Denison? You can browse all Denison real estate or contact a Coldwell Banker agent to request more information.

