202-221 N Walnut Street # 202-21 Sherman, TX $ 950,000
202-221 N Walnut Street # 202-21
$ 950,000
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202-221 N Walnut Street # 202-21

Sherman, TX, 75090
$ 950,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,998

202-221 N Walnut Street # 202-21, Sherman, TX 75090 - Image 1
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202-221 N Walnut Street # 202-21, Sherman, TX 75090 - Image 8
202-221 N Walnut Street # 202-21, Sherman, TX 75090 - Image 9
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Commercial Property for sale in Sherman, TX

for $950,000. This building was built in 1920 on a lot size of 0.243.

Built in 1920, this landmark commercial building offers approximately 4,400 square feet along North Walnut Street, just one block from Sherman’s historic Downtown Square.? The property presents an exceptional opportunity for investment, professional office use, redevelopment, or adaptive reuse.? The building is divided into four separately leasable commercial suites, all of which are currently occupied, providing immediate rental income.? Three of the four suites have been renovated within the past three years, offering updated professional spaces while preserving the building’s historic character.? The property also includes eight private parking spaces at the rear of the building—a valuable amenity in Downtown Sherman.? 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 full occupancy, multiple income-producing suites, recent renovations, private parking, and a prominent downtown location, this distinctive property offers an exceptional opportunity to invest in the continued growth of Downtown Sherman.?

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Commercial Active

Price

$ 950,000

Property Type

Commercial

Taxes

$ 11,266

Style

Retail

Lot Size

0.243

Year Built

1920

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

21391584

Features
General
Heating Central
Cooling Ceiling Fan(s)
Utilities City Sewer City Water Electricity Connected Master Gas Meter
Ceiling Height 8 to10 Feet
Possession Closing/Funding
Roof Shingle
Year Built 1920
Business Type Commercial
Unit Number 202-21
Property Subtype Retail
Subdivision Name Shannon T J Suppl
County Grayson
Property Type Commercial Sale
Construction Materials Block Brick
Year Built Details Preowned
Status Active
Directions SEE GPS
City Sherman
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional
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Exterior
Waterfront 0
Lot Size Source Public Records
Parking Features Parking Lot Private
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 4400.00
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Interior
Flooring Concrete
Total Stories 1
Total Units 4
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Internal Only
Street Number 1 202
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* Excluded Features
List By
Josh Long

Listing Agent

Caprock Real Estate Advisors Llc

Broker

Affordability Calculator

$6,937
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,998
Monthly Property Taxes
$939
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/21/2026$950,000 Listed Price

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202-221 N Walnut Street # 202-21, Sherman, TX, 75090 is a Commercial Property for sale at $950,000 with a lot size of 0.243. 202-221 N Walnut Street # 202-21 was built in 1920. The property's zip code is 75090 which is in Sherman, TX