202-221 N Walnut Street 202-21, Sherman, Texas

$950,000

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0.24

Acres

About 202-221 N Walnut Street 202-21

Built in 1920, this landmark commercial building offers approximately 4,400 square feet along North Walnut Street, just one block from Sherman’s historic Downtown Square.? The property presents an exceptional opportunity for investment, professional office use, redevelopment, or adaptive reuse.? The building is divided into four separately leasable commercial suites, all of which are currently occupied, providing immediate rental income.? Three of the four suites have been renovated within the past three years, offering updated professional spaces while preserving the building’s historic character.? The property also includes eight private parking spaces at the rear of the building—a valuable amenity in Downtown Sherman.? 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 full occupancy, multiple income-producing suites, recent renovations, private parking, and a prominent downtown location, this distinctive property offers an exceptional opportunity to invest in the continued growth of Downtown Sherman.?

Features of 202-221 N Walnut Street 202-21

MLS® # 21391584
Price $950,000
Acres 0.24
Year Built 1920
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 202-221 N Walnut Street 202-21
Subdivision Shannon T J Suppl
City Sherman
County Grayson
State Texas
Zip Code 75090-5981

Amenities

Utilities City Sewer, City Water, Electricity Connected, Master Gas Meter
Garages Parking Lot, Private
Is Waterfront No
Has Pool No

Interior

Heating Central
Fireplace No
# of Stories 1
Stories 1

Exterior

Roof Shingle
Construction Block, Brick
Foundation Slab

Additional Information

Date Listed September 20th, 2026
Days on Market 1
Zoning Commercial

Listing Details

AgentJosh Long
OfficeCAPROCK Real Estate Advisors LLC

Listing Map

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