221-223 N Locust St - Office FOR SALE


Denton, TX 76201- Downtown Denton
$575,000 USD
940-300-2334
221-223 N Locust St, Denton, TX for Sale
$575,000 USD
Office - FOR SALE
1/55
null | Request Cap Rate

221-223 N Locust St
Denton, TX 76201
Downtown Denton


OVERVIEW

Exceptional investment opportunity in the heart of Downtown Denton. Located just one block from the Historic Denton Square, this fully leased, income-producing commercial property offers approximately 2,900 square feet on a highly visible corner at N. Locust Street and W. McKinney Street. The property is 100% occupied by two established local businesses with active leases extending through approximately mid-2027, including Grammy Award-winning Brave Combo, a nationally recognized Denton institution. The existing tenancy provides immediate cash flow while adding to the property's longstanding connection to Downtown Denton's vibrant arts and music community. Positioned within the DC-G (Downtown Code – General) zoning district, the property offers flexibility for a variety of commercial uses, including office, retail, studio, creative, professional services, and other downtown-compatible uses, subject to City of Denton approval. The single-story building features excellent street visibility, attractive storefront presence, convenient on-street parking, and additional rear parking. Surrounded by restaurants, retail shops, entertainment venues, professional offices, and the vibrant Downtown Denton Square, the location benefits from consistent pedestrian activity, established businesses, nearby university populations, and continued downtown investment. Whether expanding an investment portfolio or acquiring a well-located downtown commercial asset with immediate cash flow, this property presents an outstanding opportunity in one of Denton's most sought-after commercial corridors. Buyer and Buyer's Agent to independently verify all information, including zoning, permitted uses, square footage, property condition, lease terms, occupancy, income and expense information, parking, ADA compliance, development potential, and all other information deemed material to the Buyer's intended use. Property is tenant occupied. Showings are by appointment only and must be coordinated with the Listing Agent. Please do not disturb tenants, employees, or business operations.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,401 SF

ZONING

DC-G

APN/PARCEL ID

R32923

ASK ABOUT THIS PROPERTY

Melissa CooperInc RealtyMore Info
940-300-2334

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Melissa CooperInc RealtyMore Info
940-300-2334

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.