424 W Main Street Active Save Request In-Person Tour Request Virtual Tour
Denison,TX 75020
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 9,000 sqft
Price per Sqft $100
Subdivision Otp Denison
MLS Listing ID 20609966
Total Fin. Sqft 9000
Year Built 1900
Lot Size 6,011 Sqft
Acres 0.138
Property Sub-Type Business
Property Description
The Rialto Theater, an eclectic design of Scottish architect John Tulloch, opened October 4, 1920, and has been a historic gem nestled in the heart of Downtown ever since. With its prime location on Main Street, this iconic theater has witnessed the transformation of the city over the years—most recently with the ongoing $30 million renovation of Main Street.
Throughout its rich history, The Rialto has been a hub for entertainment, hosting a variety of concerts (The Marx Brothers, Gene Autry, Roy Rogers, John Wayne, Elvis Presley, and more), special events, and movie screenings that have brought joy to the community.
To help determine the theater's future, The University of Dallas has completed a comprehensive analysis to explore redevelopment options. As-built drawings and renderings showcasing what the theater could become are attached. In addition, the City offers development incentives, including grants that can cover up to half the cost of installing a fire suppressant system, as well as a façade improvement grant to assist with exterior restoration.
Imagine The Possibilities Tour showcased The Rialto's potential, envisioning a rooftop event space and a transformed fly tower serving as a kitchen.
Location
State TX
County Grayson
Zoning Commercial
Direction FRom Hwy 75 N, take exit 66, conitnue onto Eisenhower Pkwy, turn left onto Main St, property will be on left side of the street.
Interior
Heating Central,Electric
Cooling Central Air,Electric
Flooring Carpet
Heat Source Central,Electric
Exterior
Utilities Available City Sewer,City Water
Roof Type Built-Up
Garage No
Building
Foundation Pillar/Post/Pier
Structure Type Brick
Others
Ownership Rialto Series, LLC
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20609966