Recently Listed New Construction 109-111 N Travis Street
Sherman, TX, 75090 $ 1,200,000
Bedrooms-- Baths-- Monthly Estimate*
$ 8,288
for $1,200,000. This building was built in 1885 on a lot size of 0.172.
The Fallon Building at 109-111 N. Travis is a two-story downtown landmark, built around 1885 as Richard Walsh's Q.T. Saloon, steps from the Grayson County Courthouse, offered for sale or lease with about 12,000 SF across two levels. The upper level is a finished office suite of about 6,000 SF, ready for immediate occupancy by a single tenant. A private street entrance at 111A opens to a tiled foyer and a grand staircase. Upstairs, a 100-foot central hall with dark wood wainscoting, a pressed-metal ceiling and a carved balustrade around the open stairwell leads to about 13 private offices, a break room, two restrooms and storage. Transom-topped doors, plantation shutters and tall windows over downtown give it a character new construction can't match. It suits a law firm, title company, financial or insurance office, or a regional headquarters, etc. The ground level is about 6,000 SF of shell space with two storefronts, 109 and 111, divisible into two spaces of about 3,000 SF each. Each has a recessed glass entry and display windows under red awnings. Inside, original ornate pressed-tin ceilings, crown molding, cast-iron columns, wood floors and exposed brick are already uncovered and waiting to be featured in a restaurant, coffee house, boutique, showroom or office. Lease them separately or combine them. Sherman is in the middle of a historic expansion. Texas Instruments began production at its first Sherman 300mm wafer fab in December 2025, part of a site planned for up to $40 billion and up to 3,000 jobs. GlobalWafers opened its multibillion-dollar wafer plant in 2025, and Coherent broke ground on new fab infrastructure in 2026. The city's population has grown about 20% since 2020. Downtown is the civic and cultural core of Grayson County. The active courthouse brings attorneys, title professionals and the public downtown every business day, and the district is a designated Texas Cultural District with shops, restaurants, museums and the Kidd-Key Auditorium.
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FeaturesGeneralHeating Central Electric
Cooling Central Air Electric
Utilities City Sewer City Water
Ceiling Height Other
Possession Closing/Funding
Roof Flat
Year Built 1885
Business Type Commercial Professional Office Restaurant Retail
Property Subtype Retail
Subdivision Name Otp Sherman
Occupant Type Vacant
County Grayson
Property Type Commercial Sale
Construction Materials Brick
Year Built Details Preowned
Special Notes Aerial Photo
Status Active
Directions From Hwy 75 take Lamar to Travis; go North on Travis. Cross Houston and subject on right
City Sherman
Standard Status Active
Listing Terms 1031 Exchange Cash
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ExteriorWaterfront 0
Lot Features Interior Lot
Lot Size Source Plans
Parking Features On Street Open Other
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Building Area Total 12000.00
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InteriorFlooring Carpet Hardwood
Total Stories 2
Total Units 1
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* Excluded FeaturesList ByJanet Clark-SelaListing Agent
SociallivingrealestateboutiqueBroker
Affordability Calculator
- Monthly Principal & Interest
- $8,288
- Monthly Property Taxes
- $1,815
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyCommerical listings in Sherman, TX
Average List Price $1,451,709
Percent of Sale Price 21%
About Sherman, TX 40,917 Population
14% Since 2002
$ 44,725 Median Income
34.63 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/14/2026 | $1,200,000 | | Listed Price |