207 S Travis Street 207-20, Sherman, TX 75090
sale
$1,150,000
|
Retail
Courtesy Of CAPROCK Real Estate Advisors LLC, Listed By Josh Long
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.?
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Property Features
- Age: Over 50 Years Old
- Building Units: 4
- Cooling System: Central Air
- Exterior Type: Block
- Exterior Type: WoodSiding
- Exterior Type: Brick
- Floor Covering: Laminate
- Floor Covering: Concrete
- Floors: 2
- Heating System: Central
- Legal Description: OTP SHERMAN, BLOCK 8, LOT PT 2 & N 10' 3, ACR
- MLSID: 21391565
- Roof Type: Shingle
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