109-111 N Travis Street Active Save Request In-Person Tour Request Virtual Tour
Sherman,TX 75090
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Otp Sherman
MLS Listing ID 20880068
Total Fin. Sqft 12550
Year Built 1885
Annual Tax Amount $7,408
Lot Size 7,492 Sqft
Acres 0.172
Property Sub-Type Office
Property Description
Imagine the possibilities! Incredible investment opportunity in downtown Sherman, TX just one block off the square. Welcome to the Fallon Building, built circa 1885. Originally Richard Walsh's Q.T. Saloon & Billiard parlor, this building has one of Sherman's few remaining original interiors. Amazing detail and character throughout, including original woodwork, wainscoting, intricate tin ceilings, grand staircase entry, high ceilings, and original glass doors & transoms on the second floor. Two first floor storefront units (109 & 111) each span over 3100+ SF. Second floor is home to 12 individual office units, two of which face Travis Street (prime location for parade watching!), a kitchenette, restrooms, and two storage rooms, all-together spanning over 6200+ SF upstairs. Building includes two designated parking spots behind the building. Please see Transaction Desk for information regarding the City of Sherman's Downtown Building Improvement Grant Program and other Downtown Incentives upwards of over $300,000 plus grease traps and sprinkler systems. So much potential to turn this section of downtown into a thriving block! What business ideas will you bring to beautiful downtown Sherman?
Location
State TX
County Grayson
Zoning Commercial
Direction From highway 75 north, exit for Houston-Lamar. Turn right on Lamar, then continue to downtown. At the courthouse, turn left on Travis. Continue past Houston. Property is on the right side, just north of Old Iron Post and Just Peachy salon.
Interior
Heating Central
Cooling Central Air
Flooring Carpet,Laminate,Wood,Wood Under Carpet
Heat Source Central
Exterior
Utilities Available Alley,City Sewer,City Water,Curbs
Roof Type Other
Garage No
Building
Lot Description Interior Lot,Zero Lot Line
Foundation Other
Structure Type Brick
Others
Ownership Fallon
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20880068