$950,000
( )
 $5,394 est/mo Sourced by Back At You

202-221 N Walnut Street 202-21,Sherman, TX 75090

Sherman, TX 75090

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Description

Built in 1920, this landmark commercial building offers approximately 4,400 square feet along North Walnut Street, just one block from Sherman's historic Downtown Square.? The property presents an exceptional opportunity for investment, professional office use, redevelopment, or adaptive reuse.? The building is divided into four separately leasable commercial suites, all of which are currently occupied, providing immediate rental income.? Three of the four suites have been renovated within the past three years, offering updated professional spaces while preserving the building's historic character.? The property also includes eight private parking spaces at the rear of the building-a valuable amenity in Downtown Sherman.? The City of Sherman continues to support downtown revitalization and may offer attractive incentives for qualifying redevelopment projects.? The property is also located within the Sherman Opportunity Zone, creating potential long-term investment and tax advantages.? With full occupancy, multiple income-producing suites, recent renovations, private parking, and a prominent downtown location, this distinctive property offers an exceptional opportunity to invest in the continued growth of Downtown Sherman.?

Details

MLS #21391584
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1920
Days On Site32
Listing Provided ByCAPROCK Real Estate Advisors LLC | Josh Long

Features

SQ Feet10,575
Story(s)1
ZoningCommercial
Acreage0.24

Interior

CoolingCeiling Fan(s)
HeatingCentral

Exterior

RoofShingle
Construction MaterialsBlock, Brick
Foundation DetailsSlab

Parking

Parking FeaturesParking Lot, Private

Utilities

UtilitiesCity Sewer, City Water, Electricity Connected, Master Gas Meter

Taxes

Unexempt Taxes11266
Tax BlockD
Tax Legal DescriptionSHANNON T J SUPPLEMENT, BLOCK D, LOT PT 7, 8

Area Information

StateTX
CountyGrayson
CitySherman
Zip Code75090
AreaGrayson
Community NameShannon T J Suppl
Listing VS Median (in Shannon T J Suppl)
Price:
$950,000
low | high
Med:
$1,600
100% of Average
sqft:
10,575
low | high
Med:
1,955
100% of Average
$ / sqft:
$90
low | high
Med:
$1
100% of Average
On site:
32
low | high
Med:
233
13.733905579399% of Average
Sourced by Back At You

Market Activity 75090

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyGrayson
CitySherman
Zip Code75090
AreaGrayson
Community NameShannon T J Suppl
Listing VS Median (in Shannon T J Suppl)
Price:
$950,000
low | high
Med:
$1,600
100% of Average
sqft:
10,575
low | high
Med:
1,955
100% of Average
$ / sqft:
$90
low | high
Med:
$1
100% of Average
On site:
32
low | high
Med:
233
13.733905579399% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $712K - $1.187M
sqft: 7,500 - 13,000
Nearby Listings Property ImageNearby Listings Details
213 N Travis Street Property Photo 1
$1,100,000
213 N Travis Street
Sherman, TX 75090
Listing Updated: September 28, 2026 at 11:14:56 PM PDT