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Built in 1953, this landmark mixed-use building offers approximately 8,625 square feet at a prominent gateway to Downtown Sherman along North Travis Street.? Rich in architectural character, the property presents an exceptional opportunity for investment, redevelopment, and adaptive reuse.? The building consists of five separately leasable units, including a highly visible street-front commercial anchor space and four luxury residential lofts currently under construction.? The commercial space is currently leased to a barber school, providing immediate rental income.? The four residential lofts may be accessed from the rear parking area or by elevator from the street level.? Each residence will feature a private exterior balcony, creating an attractive downtown living experience.? The commercial space offers long-term flexibility for a restaurant, boutique retailer, salon, day spa, or another creative mixed-use concept.? 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 existing commercial income, four luxury residential lofts, multiple revenue streams, and a prominent downtown location, this distinctive property delivers character, visibility, flexibility, and long-term investment potential.?
| LAST UPDATED | 9/20/2026 | TRACT | Shannon T J Suppl |
|---|---|---|---|
| YEAR BUILT | 1953 | COUNTY | Grayson |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Block, Brick, Concrete |
| HEAT | Central |
| LOT | 3398 sq ft |
| LOT DESCRIPTION | Interior Lot |
| PARKING | Parking Lot, Private |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | Shannon T J Suppl |
| TAXES | 18701 |
| UTILITIES | Electricity Connected |
| WATER | Public |
| ZONING | Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Josh Long, CAPROCK Real Estate Advisors LLC
You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.This data was last updated on: 9/21/26 2:11 AM PDT
This IDX solution is (c) Diverse Solutions 2026.