About 220 S Elm Street
This property in downtown Sherman offers a strong opportunity to acquire an income-producing asset. There is a tenant in place with approximately 3 years remaining on their NNN lease. The main building features a metal roof and a recently installed HVAC system, providing reliable infrastructure for continued use. The interior is clean and functional, with plenty of potential for customization or updates if desired. Two additional detached buildings on site have been used as offices or classrooms, offering added versatility for future use. The property is conveniently located near Travis Street, Hwy 56, and US-75, surrounded by Sherman’s growing mix of retail, dining, and professional services.
Status Change History
| Date | Details | Status |
|---|---|---|
| Feb 27, 2026 | Status Changed from Active Under Contract to Closed | Closed |
| Jan 28, 2026 | Status Changed from Active to Active Under Contract | Active Under Contract |
Features of 220 S Elm Street
| MLS® # | 20971697 |
|---|---|
| Price | $435,000 |
| Acres | 0.33 |
| Year Built | 1993 |
| Type | Commercial Sale |
| Sub-Type | Business |
| Status | Closed |
Community Information
| Address | 220 S Elm Street |
|---|---|
| Subdivision | Loving A R Add |
| City | Sherman |
| County | Grayson |
| State | Texas |
| Zip Code | 75090-7202 |
Amenities
| Utilities | City Sewer, City Water, Co-op Electric |
|---|---|
| Garages | Asphalt |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
Exterior
| Roof | Metal |
|---|---|
| Construction | Brick, Siding |
| Foundation | Pillar/Post/Pier |
Additional Information
| Date Listed | June 18th, 2025 |
|---|---|
| Date Sold | February 26th, 2026 |
| Days on Market | 454 |
| Zoning | C-2 (Commercial) |
Listing Details
| Agent | Terrin Bertholf |
|---|---|
| Office | Bertholf Commercial Real Estate |