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4,400 sqft

$950,000

202-221 N Walnut Street 202-21, Sherman TX, 75090

Price per sqft$215.91
Built in1920
Property size4,400 sqft
Property typeCommercial

Overview

Active

Updated 2 weeks ago

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.?

Additional information

MLS® ID
21391584

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.24 Acres

Other Property Details

Taxes
$11,266
Tax Frequency
Annually
55+/Senior Community
No

Listed by Josh Long with CAPROCK Real Estate Advisors LLC
Listing Contact:  

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Data last updated on 9/21/2026 at 1:14 PM UTC

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