Address
525 S Locust Street, Denton, TX
Price
$ 3,500,000
Property Attributes
- MLS#20563771
- TypeCommercial
- CountyDENTON
- CityDenton
- NeighborhoodJagoe & Preston
- Zip76201
- StyleOffice
- Year Built1925
- Taxes$ 28641
- Price$ 3,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.36 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
This listing includes 525 and 535 S Locust Street with 3 established tenants blocks away from the Historic Downtown Denton Square. The buyer potentially has an option to occupy the entire building, if needed. Approximately .33 acres on the east side of the property has opportunity for development.
| Price History | |
|---|---|
| 3/18/2024 | Listed $3,500,000 |
General Features
| Heating | Central,Natural Gas |
|---|---|
| Cooling | Central Air,Electric |
| Utilities | City Sewer,City Water,Electricity Connected,Master Gas Meter |
| Ceiling Height | Other |
| Possession | Closing/Funding,Negotiable |
| Roof | Composition |
| Year Built | 1925 |
| Tenant Pays | All Utilities,Common Area Maintenance,Insurance,Taxes |
| Business Type | Variety |
| Unexempt Taxes | 28641 |
| Building Use | Medical,Office |
| Will Subdivide | No |
| Gross Annual Expenses | 74956.00 |
| Property SubType | Office |
| Subdivision Name | Jagoe & Preston |
| Zoning Description | MN |
| County | Denton |
| Property Type | Commercial Sale |
| Construction Materials | Brick,Concrete,Other |
| Year Built Details | Preowned |
| Status | Active |
| Directions | From I-35E take Dallas Drive exit. Continue on Dallas Drive then take a left onto Eagle Drive. Take an immediate right onto S Locust Street. Property will be on the right. |
| City | Denton |
| Buyer Agent Compensation | 2.25 |
| Street Name | Locust |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20563771 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Carpet,Combination,Luxury Vinyl Plank,Tile |
|---|---|
| Total Stories | 3 |
| Total Units | 4 |
| SQFT Gross | 56839 |
| Lock Box Type | Other |
| Street Suffix | Street |
Exterior Features
| Lot Size Source | Public Records |
|---|---|
| Parking Features | On Site,On Street,Parking Lot |
| Lot Size | 1 to < 3 Acres |
| Foundation | Brick/Mortar,Combination,Slab |
| Lot Size Area | 1.3600 |
| Lot Size Units | Acres |
| Building Area Total | 12130.00 |
| Lot Size Square Feet | 59241.6000 |
| Lot Size Acres | 1.3600 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 76201
Price
Taxes
Visits
Year Built
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