201 Houston StSherman, TX 75090

For Sale
$555,000

Prime downtown location, three units, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional mixed-use property at 201 E. Houston Street, Sherman, TX 75090, presents a unique investment opportunity. The 11,407 square foot building, constructed in 1875, boasts three distinct units, each offering versatile potential. The west unit, spanning 1,907 square feet, enjoys prominent visibility from Houston and Walnut Streets, making it ideal for retail use. The east unit, a substantial 4,750 square feet, previously served as office space in the front and warehouse space in the rear, offering flexibility for various businesses. The upper level, also 4,750 square feet, is a captivating space rich in historical character, featuring original wooden doors, tin ceiling tiles, and hardwood floors. A remarkable ~2,500 square foot great room with high ceilings on this level presents an exceptional opportunity for a restaurant or similar high-ceilinged use. The property sits on a 0.175-acre lot and is zoned C-2 (General Commercial), ensuring diverse usage possibilities. Its strategic location on State Highway 56 (approx. 7,300 vehicles daily) and proximity to US Highway 75 (approx. 50,000 vehicles daily) guarantees high visibility and accessibility. Nearby establishments include Old Iron Post, Camino Viejo, The Wig and Gavel Pub, and Sage Cafe. The asking price is $555,000 ($48.65/sq ft). The building is currently vacant. This is a chance to acquire a piece of Sherman's history and capitalize on its vibrant commercial landscape.

Highlights

  • Zoned C-2 (General Commercial).
  • Three-unit building with separate entrances.
  • West unit: 1,907 SF, retail-ready, high visibility on Houston and Walnut Streets.
  • East unit: 4,750 SF, adaptable office/warehouse space.
  • Upper unit: 4,750 SF, historic character, original features, large great room ideal for restaurant.

Property Details for 201 Houston St

Property type
Other retail properties, Individual retail properties
Square Feet
11,407 SF
Year Built
1875
Buildings
1
Stories
2
Lot Size (sq. ft)
7,623 SF
Units
3

Location Insight

City
Sherman
County
Grayson
State
Texas
Latitude
33.636815238849
Longitude
-96.608070596976
201 Houston St, Sherman, Texas

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201 Houston St
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