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Opera House Downtown Square Apartment Lofts 105-109 E Oak St

50,000 SF 99% Leased Retail Building Denton, TX 76201 $4,650,000 ($93/SF) 6.02% Cap Rate

Retail Space Texas Denton 105-109 E Oak St, Denton, TX 76201

Investment Highlights

  • Prime Downtown Location
  • Stable Diverse Cash Flow in Place
  • Redevelopment Opportunity

Executive Summary

Own a piece of Denton History! The Denton Opera House, one of the most recognizable landmarks, in Denton County is now for sale. This iconic building is home to Recycled Books Store a Denton Treasure which has been in business since 1983. Upstairs are mixed-use spaces that include residential apartments and office spaces. The current office suites range from 150 RSF – 350 RSF and all have exterior windows with impressive views of Austin Street. The apartment spaces range from 700 RSF – 1,350 RSF and are highly sought-after living spaces, and a private parking garage is a few steps away.

Attachments

For Sale Listing_103-109 E Oak St_Opera House

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
50,000 SF
Building Class
C
Year Built/Renovated
1899/1998
Price
$4,650,000
Price Per SF
$93
Cap Rate
6.02%
NOI
$280,000
Percent Leased
99%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.48
Land Acres
0.33 AC
Zoning
Commercial/Office - Commercial
Parking
80 Spaces (2.23 Spaces per 1,000 SF Leased)
Frontage
150 FT on Oak
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Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number R32735 Improvements Assessment $2,481,546
Land Assessment $720,000 Total Assessment $3,201,546

PROPERTY TAXES

Parcel Number
R32735
Land Assessment
$720,000
Improvements Assessment
$2,481,546
Total Assessment
$3,201,546
(940) 243-1065

  • Listing ID: 31608281

  • Date on Market: 4/25/2024

  • Last Updated:

  • Address: 105-109 E Oak St, Denton, TX 76201

More public record information on 105-109 E Oak St, Denton, TX 76201

The Retail Property at 105-109 E Oak St, Denton, TX 76201 is currently available For Sale. Contact Trestle Partners for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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105-109 E Oak St, Denton, TX for sale Primary Photo- Image 1 of 16
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105-109 E Oak St, Denton, TX for sale Building Photo- Image 15 of 16
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Opera House Downtown Square Apartment Lofts | 105-109 E Oak St
(940) 243-1065 x

Opera House Downtown Square Apartment Lofts | 105-109 E Oak St

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Ryan Davenport

(940) 243-1065

(940) 243-1065

Michael Hogg

(817) 692-8182

(817) 692-8182

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