Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
6,400
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.?
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
Wood Siding, Block, Brick
-
Parking
Additional Parking, Private
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.14
-
Lot Size(square feet)
6,098
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$1,150,000
-
Tax Amount
$13,156
-
Financing Options
1031 Exchange, Cash, Conventional
-
Zoning
Commercial
-
Sq. Footage
6,400
-
Price/SqFt
$179
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
2
-
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
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