115 S Travis Street, Sherman, TX 75090 - MLS#20644249

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Daniel Roundtree

daniel.roundtree@c21bowman.com +1(972) 698-5900

$2,500,000

Est. payment - /mo

0.47 Acres Lot

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UPDATED:

07/10/2024 03:30 PM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Otp Sherman

MLS Listing ID 20644249

Total Fin. Sqft 36564

Year Built 1870

Annual Tax Amount $6,965

Lot Size 0.469 Acres

Acres 0.4688

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!

Location

State TX

County Grayson

Zoning Bar/Tavern Restaurant Office Retail

Direction From US 75 go East on Travis st. Drive around the Courthouse back to Travis St.

Interior

Heating Central, Natural Gas, Solar

Cooling Central Air, Electric

Flooring Concrete

Heat Source Central, Natural Gas, Solar

Exterior

Utilities Available Alley, Asphalt, City Sewer, City Water, Concrete, Curbs, Individual Water Meter, Master Gas Meter

Roof Type Other

Garage No

Building

Foundation Pillar/Post/Pier

Structure Type Brick

Others

Ownership Kelly Square Inc

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Aerial Photo, Historical

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Layla Fain • Easy Life Realty

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Daniel Roundtree

+1(972) 698-5900

Agent | License ID: 0773164

Agent License ID: 0773164