Favorite Listings
Sherman, TX 75090
$1,150,000

About this home

Built in 1900, this landmark mixed-use building offers approximately 6,400 square feet along South Travis Street, near the gateway to Downtown Sherman.? Rich in historic character, the property presents an exceptional opportunity for investment, redevelopment, and adaptive reuse.?

The building consists of four separately leasable units, including two highly visible street-front commercial spaces and two luxury residential lofts currently under construction.? One commercial space is leased to a local attorney, providing immediate rental income.?

The two residential lofts may be accessed from the rear parking area or through a street-level stairway.? Once completed, the residences will offer a distinctive downtown living experience with convenient access to Sherman’s growing downtown district.?

The commercial spaces provide long-term flexibility for a coffee shop, custom sandwich shop, boutique retailer, salon, or day spa.? The property also offers a professional street-front location ideally suited for a financial advisor, CPA firm, law office, or other professional-services business.?

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 existing commercial income, two luxury residential lofts, multiple revenue streams, and a prominent downtown location, this distinctive property delivers character, visibility, flexibility, and long-term investment​​‌​​​​‌​​‌‌​‌‌​​​‌‌​‌​‌​‌​​​‌​​ potential.?

Overview

Full Baths
Available to members — sign in to view this detail.
Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
6400
Living Area
0
Lot Size (Acres)
0.14
Property Subtype
Retail
Property Type
Commercial Sale
Status
Active
Year Built
1900

Interior

Cooling
Central Air
Fireplaces
0
Flooring
Concrete, Laminate
Heating
Central

Exterior & Construction

Construction
Brick, Block, Wood Siding
Foundation
Slab
Roof
Shingle

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Sherman
County
Grayson
ZIP Code
75090
State
TX
Subdivision
Otp Sherman
Unit #
207-20

Financial

Price
1150000

Utilities

Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available

Listing Details

Listing Agent
Josh Long
Listing Office
CAPROCK Real Estate Advisors LLC
MLS #
21391565
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21391565

Listing agents

Listing AgentJosh LongCAPROCK Real Estate Advisors LLC

Sign In

Enter your email to continue.

New here? Entering your email creates your account.