Next Level Realty

202-221 N Walnut Street 202-21

Sherman, TX 75090

MLS#: 21391584

$950,000

Status: Active
Listing number: 21391584
Listing provided by: CAPROCK Real Estate Advisors LLC
Listing agent phone: None
Last update: N/A
On site: a month ago
Browse Properties
Shannon T J Suppl - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

4,400

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.?

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Brick

  • Parking

    Parking Lot, Private

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.243

  • Lot Size(square feet)

    10,585

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $950,000

  • Tax Amount

    $11,266

  • Financing Options

    1031 Exchange, Cash, Conventional

  • Zoning

    Commercial

  • Sq. Footage

    4,400

  • Price/SqFt

    $215

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Foundation Details

    Slab

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • 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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Agent Joe Boston

AGENT

Joe Boston

Call Joe today to schedule a private showing.

(817) 881-7100

joesrentalprops@gmail.com


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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.?

202-221 N Walnut Street 202-21

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