Denison, TX 75020 1721 S Armstrong Avenue
$1,000,000
35 more
Presented By: Terrin Bertholf with Bertholf Commercial Real Estate;
Home Details
Great opportunity to own an income-producing building in the heart of Denison leased to Kickbacks restaurant. This building was completely renovated in 2021 and has a tenant in place paying $7,250 per month until May of 2027. The lively dining room and can seat over 60 guests. The outdoor patio can accommodate another 110+ guests, and has a stage that is fully equipped for live music. The building has a total of 50 parking spaces in the recently paved parking lots. Updates completed in 2021 include components such as: parking lot, roof, interior finish out, windows, floors, HVAC, plumbing, wiring, and three phase power. Kickback's Backyard is a highly rated Denison restaurant, boasting a 4.8 star rating on Google from over 350 reviews. Call today to schedule a showing and please do not disturb the tenants.
Presented By: Terrin Bertholf with Bertholf Commercial Real Estate;
Interior Features for 1721 S Armstrong Avenue
Other Interior Features
SQFT Gross27719
Lock Box TypeSee Remarks
FlooringConcrete
Total Stories1
Total Units1
General for 1721 S Armstrong Avenue
Building UseRestaurant
Business TypeRestaurant
Ceiling Height8 to10 Feet
CityDenison
Construction MaterialsConcrete
CoolingCentral Air
CountyGrayson
DirectionsFrom US 75 heading north, taken exit 66 onto Spur 503. Take exit 598 to merge onto Highway 91 (Texoma Parkway) and head south. Continue straight for 1.5 miles and the building will be on your left.
ExclusionsA Non-Realty Items Addendum will be created before the sale, as some of the furnishings are owned by the tenant and will not convey. ATM is leased.
Gross Annual Expenses16787.00
HeatingCentral
Insurance Expense6820
Listing TermsCash, Conventional
Occupant TypeTenant
Operating Expense IncludesInsurance
Owner PaysNone
PossessionLease Outstanding
Property SubtypeBusiness
Property TypeCommercial Sale
RoofMetal, Synthetic
Standard StatusActive
StatusActive
Subdivision NameEnglewood R E Add
Tenant PaysAll Utilities
Unexempt Taxes9967
UtilitiesCity Sewer, City Water, Co-op Electric
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1940
Year Built DetailsPreowned
Zoning DescriptionLight Industrial
Exterior for 1721 S Armstrong Avenue
Building Area Total3682.00
Construction Materials WallsCement Block
Foundation Slab
Lot Size.5 to < 1 Acre
Lot Size Acres0.6364
Lot Size Area0.6364
Lot Size SourcePublic Records
Lot Size Square Feet27721.5840
Lot Size UnitsAcres
Parking FeaturesParking Lot
Additional Details
Price History
Mec Cheney
Realtor