207 S Travis St Unit 207-20, Sherman, TX 75090

$1,150,000

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List Price
$1,150,000
MLS#
21391565
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1900
Construction Status
Preowned
Acres
0.14
County
Grayson
City
Sherman
Subdivision
Otp Sherman

Property Description

Built in 1900, this landmark mixed-use building offers approximately 6,400 square feet along South Travis Street, near the gateway to Downtown Sherman.? Rich in historic character, the property presents an exceptional opportunity for investment, redevelopment, and adaptive reuse.? The building consists of four separately leasable units, including two highly visible street-front commercial spaces and two luxury residential lofts currently under construction.? One commercial space is leased to a local attorney, providing immediate rental income.? The two residential lofts may be accessed from the rear parking area or through a street-level stairway.? Once completed, the residences will offer a distinctive downtown living experience with convenient access to Sherman’s growing downtown district.? The commercial spaces provide long-term flexibility for a coffee shop, custom sandwich shop, boutique retailer, salon, or day spa.? The property also offers a professional street-front location ideally suited for a financial advisor, CPA firm, law office, or other professional-services business.? 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, two luxury residential lofts, multiple revenue streams, and a prominent downtown location, this distinctive property delivers character, visibility, flexibility, and long-term investment​​‌​​​​‌​‌​​​​‌‌​​‌‌​‌‌​​‌​​​‌​‌ potential.?

Additional Information

Unexempt Taxes
$13,156
Tenant Pays
None
Lot Size
6,098
Acres
0.14
Flooring
Concrete, Laminate
Foundation
Slab
Roof
Shingle
Building Stories
2
Parking Garage
Additional Parking, Private
Possession
CloseOfEscrow
Proposed Use
Office, Restaurant, Retail
Inclusions
Building Only, Land & Improvements
Community Features
Sidewalks

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Calculator source: Real Geeks

Listing courtesy of Josh Long from CAPROCK Real Estate Advisors LLC. Contact:

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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