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Listed price in listed location currency (USD).
$1,200,000

000

MLS® 21411954

Overview

Key Facts

Type Retail
Levels Commercial Sale
Size 12000 sqft
Garage No
Maintenance Fees 
Taxes $21,780
Days Active 1
Approx. Age 1885
Avg. Price Per Sqft $100
MLS® Number 21411954

Property Address: 111-109-111 N Travis St, Sherman, TX, 75090-5920

Average square foot calculated using Size range provided by listing agent.

Description

The Fallon Building at 109-111 N. Travis is a two-story downtown landmark, built around 1885 as Richard Walsh's Q.T. Saloon, steps from the Grayson County Courthouse, offered for sale or lease with about 12, 000 SF across two levels. The upper level is a finished office suite of about 6, 000 SF, ready for immediate occupancy by a single tenant. A private street entrance at 111A opens to a tiled foyer and a grand staircase. Upstairs, a 100-foot central hall with dark wood wainscoting, a pressed-metal ceiling and a carved balustrade around the open stairwell leads to about 13 private offices, a break room, two restrooms and storage. Transom-topped doors, plantation shutters and tall windows over downtown give it a character new construction can't match. It suits a law firm, title company, financial or insurance office, or a regional headquarters, etc. The ground level is about 6, 000 SF of shell space with two storefronts, 109 and 111, divisible into two spaces of about 3, 000 SF each. Each has a recessed glass entry and display windows under red awnings. Inside, original ornate pressed-tin ceilings, crown molding, cast-iron columns, wood floors and exposed brick are already uncovered and waiting to be featured in a restaurant, coffee house, boutique, showroom or office. Lease them separately or combine them. Sherman is in the middle of a historic expansion. Texas Instruments began production at its first Sherman 300mm wafer fab in December 2025, part of a site planned for up to $40 billion and up to 3, 000 jobs. GlobalWafers opened its multibillion-dollar wafer plant in 2025, and Coherent broke ground on new fab infrastructure in 2026. The city's population has grown about 20% since 2020. Downtown is the civic and cultural core of Grayson County. The active courthouse brings attorneys, title professionals and the public downtown every business day, and the district is a designated Texas Cultural District with shops, restaurants, museums and the Kidd-Key Auditorium.
MLS® Number21411954
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1885
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral, Electric
A/CCentral Air, Electric

Extras

Land & Improvements

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

0 days

Today, For Sale for $1,200,000

Commercial building exterior featuring a light-colored masonry facade, arched window detailing, and retractable fabric awnings
For Sale · 1 day

$1,200,000

MLS® 21411954

A day ago

Not Sold Yet

October 2026, For Rent for $10

Commercial building exterior featuring light-colored brick facade, red-tinted masonry base, multi-pane entry door, glass storefront windows, and fabric awnings
For Rent · 0 days

$10

MLS® 21412999

2 hours ago

Not Leased Yet

  • Oct 14, 2026, For Sale for $1,200,000

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