Description
Built in 1940, this landmark building offers approximately 7,471 square feet at a prominent gateway to Downtown Sherman along Lamar Street. Rich in history and architectural character, the property presents exceptional potential for redevelopment and adaptive reuse. Ideal uses include a restaurant, sports bar and grill, art gallery, furniture or home décor showroom, or a creative mixed-use concept. An attached warehouse at the rear provides additional storage, operational, or expansion space.? Multiple dedicated city parking lots are conveniently located within two blocks. The City of Sherman continues to encourage downtown revitalization and may offer attractive incentives for qualifying redevelopment projects within its growing historic district.? The property is also located within the Sherman Opportunity Zone, creating potential long-term investment and tax advantages. Whether restoring a piece of Sherman's history or investing in downtown's continued growth, this distinctive property delivers location, character, flexibility, and opportunity.
Details
| MLS # | 21403182 |
|---|---|
| Listing Type | For Lease |
| Style | Retail |
| Status | Active |
| Year | 1940 |
| Days On Site | 30 |
| Listing Provided By | CAPROCK Real Estate Advisors LLC | Rodney Blaukat |
Features
| SQ Feet | 7,471 |
|---|---|
| Story(s) | 1 |
| Zoning | Commercial |
| Acreage | 0.18 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Block, Brick, Concrete |
| Foundation Details | Slab |
Parking
| Parking Features | Concrete, On Site, On Street |
|---|
Utilities
| Utilities | City Sewer, City Water, Electricity Connected |
|---|
Taxes
| Tax Lot | 4 |
|---|---|
| Tax Block | 4 |
| Tax Legal Description | OTP SHERMAN, BLOCK 4, LOT PT 4, 5, 6, & 7, 53 |
Area Information
| State | TX |
|---|---|
| County | Grayson |
| City | Sherman |
| Zip Code | 75090 |
| Area | Grayson |
| Community Name | Otp Sherman |
| Listing VS Median (in Otp Sherman) | |
Price: $5,550 low | high Med: $5,550 sqft: 7,471 low | high Med: 7,471 $ / sqft: $1 low | high Med: $1 On site: 30 low | high Med: 30 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | TX |
|---|---|
| County | Grayson |
| City | Sherman |
| Zip Code | 75090 |
| Area | Grayson |
| Community Name | Otp Sherman |
| Listing VS Median (in Otp Sherman) | |
Price: $5,550 low | high Med: $5,550 sqft: 7,471 low | high Med: 7,471 $ / sqft: $1 low | high Med: $1 On site: 30 low | high Med: 30 | |