Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Brick, Concrete

  • Parking

    Additional Parking, Parking Lot, Private

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Interior Lot

  • Lot Size(acres)

    0.063

  • Lot Size(square feet)

    2,744

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $1,100,000

  • Tax Amount

    $2,544

  • Financing Options

    1031 Exchange, Cash, Conventional

  • Zoning

    Commercial

  • Sq. Footage

    5,898

  • Price/SqFt

    $186

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Foundation Details

    Slab

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    3

  • Water Source

    Public

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Location

County

Grayson

Elementary School

Middle School

High School

Listing Courtesy of Josh Long, CAPROCK Real Estate Advisors LLC

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Built in 1920, this landmark office building offers approximately 5,898 square feet along North Travis Street on Sherman’s historic Downtown Square.? Rich in architectural character, the property presents an exceptional opportunity for investment, professional office use, redevelopment, or adaptive reuse.?
The building features 16 private offices and an oversized second-floor conference room with views overlooking the Downtown Square.? The property also includes 20 private parking spaces, a significant advantage in the heart of downtown.?

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 its prominent location, flexible office configuration, private parking, and historic character, this distinctive property offers an exceptional opportunity to invest in the continued growth of Downtown Sherman.?

111 S Travis Street

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Related Properties

Now is the time to buy in up-and-coming Sherman, Texas!  Offering investors or business owners an incredible opportunity for an unlimited number of business uses, this C-2 Commercial zoned property allows a wide range of retail and wholesale uses in addition to all permitted C-1 uses. The one-level 5,000 sf building space has an ideal large open configuration; interior walls could be easily erected to fit specific purposes. Currently, there is a non-structural framed sheetrock wall separating approx. 40% of the square footage in the back. Perimeter walls are original brick with plaster overlay and a few areas where brick has been intentionally exposed for aesthetic purposes.  Two functional bathrooms in front and two plumbed bathrooms without fixtures in back. Building and property have been well maintained. A ramp and loading dock with an 8' rollup door provides easy delivery access. Adding exceptional value, the second parcel in this sale is the adjacent 5000+ sf parking lot. All information presented deemed to be reliable, but buyer and their agent must verify accuracy of any and all information.
#20954096

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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.?
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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.?
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Stable NNN Restaurant Investment – Long-Term Tenant in Place
Rare opportunity to acquire a proven, income-producing restaurant property in Sherman, Texas. Family-owned Tex-Mex concept operating successfully at this location since 1998 and consistently voted Best Mexican Food in Sherman.
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Major capital improvements completed:

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·       Cast iron plumbing replaced with PVC (2026)
·       Ongoing parking lot maintenance and resurfacing

Ideal for investors seeking durable cash flow, minimal deferred maintenance, and a strong-performing tenant.  Listing agent is a member of the LLC that owns the property.

***THIS IS AN ON-GOING BUSINESS AND OCCUPANTS MUST NOT BE DISTURBED.  No interaction with employees is allowed.  To view, make appointment with showing service
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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.?

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