12,000 SqFt
12,000 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Subdivision Otp Sherman
MLS Listing ID 21411954
Construction Status Resale
HOA Y/N No
Year Built 1885
Annual Tax Amount $21,780
Lot Size 7,492 Sqft
Acres 0.172
Property Sub-Type Retail
Property Description
The upper level is a finished office suite of about 6,000 SF, ready for immediate occupancy by a single tenant. A private street entrance at 111A opens to a tiled foyer and a grand staircase. Upstairs, a 100-foot central hall with dark wood wainscoting, a pressed-metal ceiling and a carved balustrade around the open stairwell leads to about 13 private offices, a break room, two restrooms and storage. Transom-topped doors, plantation shutters and tall windows over downtown give it a character new construction can't match. It suits a law firm, title company, financial or insurance office, or a regional headquarters, etc.
The ground level is about 6,000 SF of shell space with two storefronts, 109 and 111, divisible into two spaces of about 3,000 SF each. Each has a recessed glass entry and display windows under red awnings. Inside, original ornate pressed-tin ceilings, crown molding, cast-iron columns, wood floors and exposed brick are already uncovered and waiting to be featured in a restaurant, coffee house, boutique, showroom or office. Lease them separately or combine them.
Sherman is in the middle of a historic expansion. Texas Instruments began production at its first Sherman 300mm wafer fab in December 2025, part of a site planned for up to $40 billion and up to 3,000 jobs. GlobalWafers opened its multibillion-dollar wafer plant in 2025, and Coherent broke ground on new fab infrastructure in 2026. The city's population has grown about 20% since 2020.
Downtown is the civic and cultural core of Grayson County. The active courthouse brings attorneys, title professionals and the public downtown every business day, and the district is a designated Texas Cultural District with shops, restaurants, museums and the Kidd-Key Auditorium.
Location
State TX
County Grayson
Zoning C-1
Direction From Hwy 75 take Lamar to Travis; go North on Travis. Cross Houston and subject on right
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Hardwood
Inclusions Land & Improvements
Fireplace No
Exterior
Parking Features Open, Other, On Street
Utilities Available Sewer Available, Water Available
Water Access Desc Public
Roof Type Flat
Road Frontage City Street
Private Pool No
Building
Lot Description Interior Lot, Historic District
Story 2
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Construction Status Resale
Others
Tax ID 252235
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21411954
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "