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Active

$950,000

  • 0.24 acre lot

202-221 N Walnut Street 202-21

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Listing data updated

About this home

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.?

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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.?

Lot size
0.24 acres
Year built
1920
Property type
Retail
Status
Active
MLS number
21391584

Listing courtesy of CAPROCK Real Estate Advisors LLC

Office phone 469-834-8063

Estimated monthly cost

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Location

Facts and features

Lot

Lot size
0.24 acres

Building

Year built
1920
Property type
Retail

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Listing courtesy of CAPROCK Real Estate Advisors LLC. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated