109-111 N Travis Street, Sherman, TX 75090 - MLS#20880068

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Deborah Waters

debbiewaters@ziglarrealty.com +1(972) 841-8461

$1,150,000

Est. payment - /mo

7,492 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Otp Sherman

MLS Listing ID 20880068

Total Fin. Sqft 12550

Year Built 1885

Annual Tax Amount $7,408

Lot Size 7,492 Sqft

Acres 0.172

Property Sub-Type Office

Property Description

Imagine the possibilities! Incredible investment opportunity in downtown Sherman, TX just one block off the square. Welcome to the Fallon Building, built circa 1885. Originally Richard Walsh's Q.T. Saloon & Billiard parlor, this building has one of Sherman's few remaining original interiors. Amazing detail and character throughout, including original woodwork, wainscoting, intricate tin ceilings, grand staircase entry, high ceilings, and original glass doors & transoms on the second floor. Two first floor storefront units (109 & 111) each span over 3100+ SF. Second floor is home to 12 individual office units, two of which face Travis Street (prime location for parade watching!), a kitchenette, restrooms, and two storage rooms, all-together spanning over 6200+ SF upstairs. Building includes two designated parking spots behind the building. Please see Transaction Desk for information regarding the City of Sherman's Downtown Building Improvement Grant Program and other Downtown Incentives upwards of over $300,000 plus grease traps and sprinkler systems. So much potential to turn this section of downtown into a thriving block! What business ideas will you bring to beautiful downtown Sherman?

Location

State TX

County Grayson

Zoning Commercial

Direction From highway 75 north, exit for Houston-Lamar. Turn right on Lamar, then continue to downtown. At the courthouse, turn left on Travis. Continue past Houston. Property is on the right side, just north of Old Iron Post and Just Peachy salon.

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Laminate, Wood, Wood Under Carpet

Heat Source Central

Exterior

Utilities Available Alley, City Sewer, City Water, Curbs

Roof Type Other

Garage No

Building

Lot Description Interior Lot, Zero Lot Line

Foundation Other

Structure Type Brick

Others

Ownership Fallon

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Aerial Photo

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20880068

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by STACEY OLMSTEAD • PARAGON, REALTORS

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Deborah Waters

+1(972) 841-8461

Agent | License ID: 0623163

Agent License ID: 0623163

109-111 N Travis Street Sherman, TX 75090

Deborah Waters

Key Details

Location

Interior

Exterior

Building

Others

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