Price Reduction
Address
821 N Locust Street, Denton, TX
Price
$ 975,000
Property Attributes
  • MLS#20551386
  • TypeCommercial
  • CountyDENTON
  • CityDenton
  • NeighborhoodBbb & Crr
  • Zip76201
  • StyleBusiness
  • Year Built1927
  • Taxes$ 9378
  • Price$ 975,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.325 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Amazing opportunity awaits. This Prime piece of land boasts a spacious lot ideal for various development opportunities, including establishing a thriving restaurant. Or simply take over a prominent and already well-established Italian restaurant. Situated in a bustling area with high traffic. It offers excellent visibility and accessibility. Fully equipped restaurant with Outdoor seating potential that can boast additional income. There are 2 apartments upstairs that can be leased. Add some TLC and turn it back into Bed and Breakfast glory days. This is a turn-key and an amazing opportunity to be your own landlord and boss of this Italian restaurant. Ample parking front and back. Short drive to downtown Denton amenities and attractions.

Price History
3/4/2024 Listed $990,000
4/11/2024 2% - $975,000

General Features

Heating Central,Natural Gas
Cooling Central Air
Utilities Asphalt,Cable Available,City Sewer,City Water,Concrete,Curbs,Electricity Connected,Individual Gas Meter,Individual Water Meter,Phone Available,Underground Utilities
Ceiling Height 11 to 14 Feet
Possession Upon Completion
Roof Composition
Exclusions Dish washer is the only leased appliance.
Year Built 1927
Tenant Pays All Utilities
Business Type Restaurant
Unexempt Taxes 9378
Building Use Restaurant
Owner Pays All Utilities,Taxes
Will Subdivide No
Gross Annual Expenses 0.00
Property SubType Business
Subdivision Name Bbb & Crr
Zoning Description Commercial Residential
County Denton
Property Type Commercial Sale
Construction Materials Brick,Frame,Siding,Unknown,Wood,Other
Year Built Details Preowned
Status Active
Directions From I35 North,Exit Ft Worth Dr. Turn right on Eagle Dr. Turn left on S Locust St. The Restaurant is on the left side.
City Denton
Buyer Agent Compensation 3
Street Name Locust
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20551386
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Wood
Total Stories 2
Total Units 1
SQFT Gross 3993
Lock Box Type None
Street Suffix Street

Exterior Features

Lot Size Source Public Records
Parking Features Additional Parking,Asphalt,Common,Off Site
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Lot Size Area 0.3250
Lot Size Dimensions 74 x 188
Lot Size Units Acres
Building Area Total 3993.00
Lot Size Square Feet 14157.0000
Lot Size Acres 0.3250

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
AVG $960K
$980K
Taxes
AVG $9,416
$9,378
Visits
AVG 43
17
Data Provided by Inside Real Estate®
Year Built
AVG 1935
1927

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