213 N Travis Street, Sherman, Texas, 75090

Listed by CAPROCK Real Estate Advisors LLC, Josh Long, 469-215-8936
$1,100,000
8,625 Sqft
0.08 Acres
#21391573
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.?

PROPERTY FEATURES

  • 5 Unit(s)
  • Business Type: Commercial
  • Utilities : City Sewer,City Water,Electricity Connected
  • Parking Features: Parking Lot,Private
  • Lot Features : Interior Lot
  • Lot Features : Shingle
  • Road Frontage Type : City Street
  • Building Use : Beauty/Barber,Office,Restaurant,Retail
  • Cooling: Central Air
  • Heating : Central
  • Construction Materials: Block,Concrete
  • Construction Materials Walls : Brick,Cement Block
  • Foundation Details: Slab
  • Flooring : Laminate
  • Ceiling Height : 8 to10 Feet
  • Green Verification Count : 0
  • Zoning Description : Commercial
  • Title Company Preferred: First American Title
PROPERTY DETAILS
ID: 21391573
Status: Active
Price: $1,100,000
Acres: 0.08 Acres
Price Per Acre: $14,102,564
Type: Commercial
Address: 213 N Travis Street
City, State: Sherman, Texas
County: Grayson
Zip Code: 75090
Lat/Long: 33.638074, -96.609398
Presented By: Josh Long
Phone: 469-215-8936
Email: Click to Contact