211 W Lamar St, Sherman, TX 75090

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List Price
$750,000
MLS#
21391608
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1940
Construction Status
Preowned
Acres
0.18
County
Grayson
City
Sherman
Subdivision
Otp Sherman

Property 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.?

Additional Information

Unexempt Taxes
$8,481
Tenant Pays
None
Lot Size
8,015
Acres
0.18
Flooring
Concrete
Foundation
Slab
Roof
Shingle
Building Stories
1
Parking Garage
Paved, On Site, On Street
Possession
CloseOfEscrow
Proposed Use
Industrial, Office, Restaurant, Retail, Warehouse, Wholesale Operation
Inclusions
Building Only, Land & Improvements
Community Features
Curbs, Sidewalks

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Josh Long from CAPROCK Real Estate Advisors LLC. Contact:

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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