218-220 W Main St

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218-220 W Main St

Denison, TX 22903-5210
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B

What's Special

Historic Downtown Denison Hospitality & Entertainment Opportunity <ul><li>​Two connected downtown buildings totaling approximately 12,000 SF</li><li>​Prime Main Street location with strong visibility and character</li><li>​Approx. 6,000 SF open warehouse-style space with flexible layout potential</li><li>​Approx. 3,000 SF hospitality-style space with existing bar and dining area.</li><li>​Commercial kitchen already in place</li><li>​Two restrooms</li><li>​Unfinished 3,000 SF loft space above restaurant area with future buildout potential.</li><li>​Existing bre

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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