Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1953
Sq.Footage
8,625
Built in 1953, this landmark mixed-use building offers approximately 8,625 square feet at a prominent gateway to Downtown Sherman along North Travis Street.? Rich in architectural character, the property presents an exceptional opportunity for investment, redevelopment, and adaptive reuse.? The building consists of five separately leasable units, including a highly visible street-front commercial anchor space and four luxury residential lofts currently under construction.? The commercial space is currently leased to a barber school, providing immediate rental income.? The four residential lofts may be accessed from the rear parking area or by elevator from the street level.? Each residence will feature a private exterior balcony, creating an attractive downtown living experience.? The commercial space offers long-term flexibility for a restaurant, boutique retailer, salon, day spa, or another creative mixed-use concept.? 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, four 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
Brick, Block, Concrete
-
Parking
Parking Lot, Private
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Interior Lot
-
Lot Size(acres)
0.078
-
Lot Size(square feet)
3,397
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$1,100,000
-
Tax Amount
$18,701
-
Financing Options
Cash, Conventional
-
Zoning
Commercial
-
Sq. Footage
8,625
-
Price/SqFt
$127
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
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
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