201 E Houston St
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201 E Houston St
11,407 SF Retail Building Sherman, TX 75090 $525,000 ($46/SF)
INVESTMENT HIGHLIGHTS
- The west unit (1,907 sqft) is visible from Houston and Walnut, is well-suited for a retail business.
- The upstairs unit (4,750 sqft) is full of history with original wooden doors, tin ceiling tiles, and hardwood floors.
- The east unit (4,750 sqft) has previously been office in front and warehouse in the back.
EXECUTIVE SUMMARY
This historic building in downtown Sherman is close to restaurants, retail shops, and offices. The building is comprised of three different units totaling 11,407 square feet. The west unit (1,907 sqft) has visibility from both Houston and Walnut, and is well-suited for a retail business. The east unit (4,750 sqft) was previously used as office space in the front and warehouse space in the back. The upstairs unit (4,750 sqft) is full of history with original wooden doors, tin ceiling tiles, and hardwood floors. The upstairs also has a ~2,500 sqft great room with high ceilings that would make a great restaurant. Surrounding businesses include Old Iron Post, Camino Viejo, The Wig and Gavel Pub, and Sage Cafe. The building is located on State Highway 56 (~7,300 vehicles per day) and is less than half a mile from US Highway 75 (~50,000 vehicles per day). Don't miss out on this opportunity to own a piece of Texas history.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
11,407 SF
Building Class
C
Year Built
1875
Price
$525,000
Price Per SF
$46
Tenancy
Single
Building Height
2 Stories
Building FAR
1.54
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
F1 - Commercial Real Property
Parking
8 Spaces (0.7 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 161898 | Improvements Assessment | $255,914 |
| Land Assessment | $41,865 | Total Assessment | $297,779 |
PROPERTY TAXES
Parcel Number
161898
Land Assessment
$41,865
Improvements Assessment
$255,914
Total Assessment
$297,779
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Bertholf Commercial Real Estate
201 E Houston St
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