202-221 N Walnut Street Unit# 202-21, Sherman, Texas, 75090
$950,000
4,400 Sqft
0.24 Acres
#21391584
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.?
PROPERTY FEATURES
- 4 Unit(s)
- Business Type: Commercial
- Utilities : City Sewer,City Water,Electricity Connected,Master Gas Meter
- Parking Features: Parking Lot,Private
- Lot Features : Shingle
- Building Use : Beauty/Barber,Building Services,Office,Retail
- Cooling: Ceiling Fan(s)
- Heating : Central
- Construction Materials: Block,Brick
- Foundation Details: Slab
- Flooring : Concrete
- Ceiling Height : 8 to10 Feet
- Green Verification Count : 0
- Zoning Description : Commercial
- Title Company Preferred: First Amercian Title
PROPERTY DETAILS
ID: 21391584
Status: Active
Price: $950,000
Acres: 0.24 Acres
Price Per Acre: $3,909,465
Type: Commercial
Address: 202-221 N Walnut Street Unit# 202-21
City, State: Sherman, Texas
County: Grayson
Zip Code: 75090
Lat/Long: 33.638088, -96.608824
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