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.?
| MLS # | 21391584 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 32 |
| Listing Provided By | CAPROCK Real Estate Advisors LLC | Josh Long |
| SQ Feet | 10,575 |
|---|---|
| Story(s) | 1 |
| Zoning | Commercial |
| Acreage | 0.24 |
| Cooling | Ceiling Fan(s) |
|---|---|
| Heating | Central |
| Roof | Shingle |
|---|---|
| Construction Materials | Block, Brick |
| Foundation Details | Slab |
| Parking Features | Parking Lot, Private |
|---|
| Utilities | City Sewer, City Water, Electricity Connected, Master Gas Meter |
|---|
| Unexempt Taxes | 11266 |
|---|---|
| Tax Block | D |
| Tax Legal Description | SHANNON T J SUPPLEMENT, BLOCK D, LOT PT 7, 8 |
| State | TX |
|---|---|
| County | Grayson |
| City | Sherman |
| Zip Code | 75090 |
| Area | Grayson |
| Community Name | Shannon T J Suppl |
| Listing VS Median (in Shannon T J Suppl) | |
Price: $950,000 low | high Med: $1,600 sqft: 10,575 low | high Med: 1,955 $ / sqft: $90 low | high Med: $1 On site: 32 low | high Med: 233 | |
| State | TX |
|---|---|
| County | Grayson |
| City | Sherman |
| Zip Code | 75090 |
| Area | Grayson |
| Community Name | Shannon T J Suppl |
| Listing VS Median (in Shannon T J Suppl) | |
Price: $950,000 low | high Med: $1,600 sqft: 10,575 low | high Med: 1,955 $ / sqft: $90 low | high Med: $1 On site: 32 low | high Med: 233 | |
![]() | $1,100,000213 N Travis StreetSherman, TX 75090 |