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Listed price in listed location currency (USD).
$950,000

000

MLS® 21391584

Overview

Key Facts

Type Retail
Levels Commercial Sale
Size 4400 sqft
Garage No
Maintenance Fees 
Taxes $11,266
Days Active 6
Approx. Age 1920
Avg. Price Per Sqft $215
MLS® Number 21391584

Property Address: 202-21-202-221 N Walnut St, Sherman, TX, 75090-5983

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

Description

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.?
MLS® Number21391584
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1920
Stories1
Pets

Included in Maintenance Fee

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

Utilities

HeatCentral
A/CCeiling Fans

Extras

Building Only, Land & Improvements

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