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$ 1,100,000
Est. payment /mo
New
213 N Travis Street Sherman, TX 75090
3,397 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Shannon T J Suppl
MLS Listing ID 21391573
Total Fin. Sqft 8625
Year Built 1953
Annual Tax Amount $18,701
Lot Size 3,397 Sqft
Acres 0.078
Property Sub-Type Retail
Property Description
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.?
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.?
Location
State TX
County Grayson
Zoning Commercial
Direction See GPS
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Electricity Connected
Roof Type Shingle
Garage No
Building
Lot Description Interior Lot
Foundation Slab
Structure Type Block,Concrete
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21391573
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Listed by Josh Long • CAPROCK Real Estate Advisors LLC