318 W Laurel Street Sherman, TX $ 220,000
318 W Laurel Street
$ 220,000
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318 W Laurel Street

Sherman, TX, 75090
$ 220,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,373

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Commercial Property for sale in Sherman, TX

for $220,000. This building was built in 1955 on a lot size of 0.189.

We are pleased to present the opportunity to acquire this investment or owner-user opportunity in the heart of Downtown Sherman, Texas. This 1,477 square-foot office-retail property is ideally located within walking distance of the city’s vibrant main strip, offering exceptional visibility, accessibility, and future growth potential. Situated on a 0.19-acre corner lot at West Laurel Street and North Elm Street, the property benefits from dual access points and the potential to add paved parking at the rear. Zoned C-1, the space is currently configured as a residence, providing flexibility for immediate occupancy or conversion into a professional office or retail space with a 748 square-foot storage building included. The interior layout includes a welcoming foyer leading into an open workspace suitable for a reception area, collaborative workstations, or waiting room. Additional features include two private offices, one with an adjoining restroom, and a kitchen-breakroom area that can easily be enclosed for privacy. Strategically positioned just off State Highway 56 and U.S. Highway 75, this property offers convenience and connectivity for clients, employees, and visitors alike. Whether repositioned as a professional office, boutique business, or lease-up investment, this property presents a prime opportunity to capitalize on the continued growth and revitalization of Downtown Sherman.

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Commercial Active

Price

$ 220,000

Property Type

Commercial

Taxes

$ 3,957

Style

Office

Lot Size

0.189

Year Built

1955

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

21092739

Features
General
Heating Central Natural Gas
Cooling Attic Fan Ceiling Fan(s) Central Air
Utilities All Weather Road City Sewer City Water Electricity Available
Ceiling Height Other
Possession Closing/Funding
Roof Composition
Year Built 1955
Business Type Commercial Professional Office Professional Service Residential Retail Variety Other
Property Subtype Office
Subdivision Name Allen S B Add
Occupant Type Vacant
County Grayson
Property Type Commercial Sale
Construction Materials Brick Rock/Stone
Year Built Details Preowned
Status Active
Directions Please use GPS
City Sherman
Standard Status Active
Listing Terms Cash Conventional FHA VA Loan
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Exterior
Waterfront 0
Lot Features Corner Lot Few Trees Landscaped Lrg. Backyard Grass
Lot Size Source Public Records
Parking Features Garage Garage Double Door Garage Faces Side Off Street Oversized Workshop in Garage
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Building Area Total 1477.00
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Interior
Flooring Ceramic Tile Hardwood
Total Stories 1
Total Units 1
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Internal Only
Street Number 1 318
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* Excluded Features
List By
Shane Hendrix

Listing Agent

M&D Cre, Llc

Broker

Affordability Calculator

$1,702
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,373
Monthly Property Taxes
$330
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
10/21/2025$220,000 Listed Price

Map


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318 W Laurel Street, Sherman, TX, 75090 is a Commercial Property for sale at $220,000 with a lot size of 0.189. 318 W Laurel Street was built in 1955. The property's zip code is 75090 which is in Sherman, TX