220 S Elm ST Active

Sherman,TX 75090

$ 475000

- Bed

- Bath

2400 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $197

Subdivision Loving A R Add

MLS Listing ID 20971697

HOA Y/N No

Year Built 1993

Annual Tax Amount $7,003

Lot Size 0.331 Acres

Acres 0.331

Lot Dimensions 144' x 100'

Property Sub-Type Business

Property Description

This property in downtown Sherman offers a strong opportunity to acquire an income-producing asset. There is a tenant in place with approximately 3 years remaining on their NNN lease. The main building features a metal roof and a recently installed HVAC system, providing reliable infrastructure for continued use. The interior is clean and functional, with plenty of potential for customization or updates if desired. Two additional detached buildings on site have been used as offices or classrooms, offering added versatility for future use. The property is conveniently located near Travis Street, Hwy 56, and US-75, surrounded by Sherman's growing mix of retail, dining, and professional services.

Location

State TX

County Grayson

Zoning C-2 (Commercial)

Direction From Highway 75 northbound, exit and head east on Highway 56 (Lamar Street). Take a right on Elm Street and the property will be on your right.

Interior

Heating Central

Cooling Central Air

Flooring Carpet,Linoleum,Luxury Vinyl Plank

Inclusions Land & Improvements

Fireplace No

Exterior

Parking Features Asphalt

Utilities Available Electricity Available,Sewer Available,Water Available

Water Access Desc Public

Roof Type Metal

Building

Story 1

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Others

Tax ID 163577

Special Listing Condition Standard

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