220 S Elm Street Sherman, TX $ 435,000
220 S Elm Street
$ 435,000
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220 S Elm Street

Sherman, TX, 75090
$ 435,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,714

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Commercial Property for sale in Sherman, TX

for $435,000. This building was built in 1993 on a lot size of 0.331.

This property in downtown Sherman offers a strong opportunity to acquire an income-producing asset. There is a tenant in place with approximately 3 years remaining on their NNN lease. The main building features a metal roof and a recently installed HVAC system, providing reliable infrastructure for continued use. The interior is clean and functional, with plenty of potential for customization or updates if desired. Two additional detached buildings on site have been used as offices or classrooms, offering added versatility for future use. The property is conveniently located near Travis Street, Hwy 56, and US-75, surrounded by Sherman’s growing mix of retail, dining, and professional services.

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Commercial Active

Price

$ 435,000

Property Type

Commercial

Taxes

$ 7,003

Style

Business

Lot Size

0.331

Year Built

1993

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

20971697

Features
General
Heating Central
Cooling Central Air
Utilities City Sewer City Water Co-op Electric
Ceiling Height 8 to10 Feet
Possession Lease Outstanding
Roof Metal
Year Built 1993
Business Type Education/School
Property Subtype Business
Subdivision Name Loving A R Add
Occupant Type Tenant
County Grayson
Property Type Commercial Sale
Construction Materials Brick Siding
Year Built Details Preowned
Status Active
Directions From Highway 75 northbound exit and head east on Highway 56 (Lamar Street). Take a right on Elm Street and the property will be on your right.
City Sherman
Standard Status Active
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Interior
Flooring Carpet Linoleum Luxury Vinyl Plank
Total Stories 1
Total Units 1
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Exterior
Lot Size Source Public Records
Parking Features Asphalt
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Lot Size Dimensions 144' x 100'
Building Area Total 2400.00
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Internal Only
Street Number 1 220
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* Excluded Features
List By
Terrin Bertholf

Listing Agent

Bertholf Commercial Real Estate

Broker

Affordability Calculator

$3,297
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,714
Monthly Property Taxes
$584
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/4/2025$435,000 -6.45% Price Down
9/12/2025$465,000 -2.11% Price Down
6/18/2025$475,000 Listed Price

Map


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220 S Elm Street, Sherman, TX, 75090 is a Commercial Property for sale at $435,000 with a lot size of 0.331. 220 S Elm Street was built in 1993. The property's zip code is 75090 which is in Sherman, TX