115 S Travis St, Sherman, TX 75090

$2,200,000

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List Price
$2,200,000
Price Change
▼ $300,000 1782860443
MLS#
21220890
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1870
Construction Status
Preowned
Acres
0.47
County
Grayson
City
Sherman
Subdivision
Otp Sherman

Property Description

Step into the past with this iconic Kelly Square and it's expansive views of Downtown Sherman, just across from the Grayson County Courthouse. Built in 1870, this is a canvas awaiting your vision, having been taken down to the studs and primed for a complete remodel. Original features abound, including metal tile ceilings that echo the building's storied history. Spanning three floors, with an elevator, the possibilities for this space are endless. The 1st floor is ideal for retail, offering lease opportunities that could thrive in this prime location. The 2nd floor could house a restaurant and piano bar. The 3rd floor has the potential for lofts and offices. Lots of parking behind the building. Dream big, as the city may extend its support through grants for certain upgrades, adding an extra layer of opportunity to your venture. Seize the chance to revive and reimagine this historic gem. Embrace the charm, the history, and make your mark in the heart of Sherman's downtown!

Additional Information

Unexempt Taxes
$6,965
Tenant Pays
None
Lot Size
20,420
Acres
0.47
Lot Description
Historic District
Flooring
Concrete
Foundation
Pillar/Post/Pier
Roof
Other
Building Stories
3
Parking Garage
Additional Parking, Alley Access, Assigned, Asphalt, Paved, Lighted, On Site, Off Street, Parking Lot, On Street
Possession
CloseOfEscrow
Business Name
Kelly Square
Proposed Use
Food Service, Office, Restaurant, Retail
Inclusions
Land & Improvements
Community Features
Curbs, Sidewalks

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Calculator source: Real Geeks

Listing courtesy of Layla Fain from Easy Life Realty. Contact: 903-224-5171