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Property Attributes
- MLS#20644249
- TypeCommercial
- CountyGRAYSON
- CitySherman
- NeighborhoodOtp Sherman
- Zip75090
- StyleBusiness
- Year Built1870
- Taxes$ 6965
- Price$ 2,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.4688 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
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!
Price History | |
---|---|
6/14/2024 | Listed $2,500,000 |
General Features
Heating | Central,Natural Gas,Solar |
---|---|
Cooling | Central Air,Electric |
Utilities | Alley,Asphalt,City Sewer,City Water,Concrete,Curbs,Individual Water Meter,Master Gas Meter |
Ceiling Height | Less than 8 Ft,8 to10 Feet,15 to 20 Feet,More than 20 Feet |
Possession | Closing/Funding |
Roof | Other |
Year Built | 1870 |
Tenant Pays | None |
Business Type | Bar/Tavern/Lounge,Bed & Breakfast,Commercial,Food & Beverage,Gift Shop,Mixed,Professional Office,Residential,Restaurant,Retail |
Business Name | Kelly Square |
Unexempt Taxes | 6965 |
Building Use | Bar/Taverns,Designated Historical Bldg.,Food Service,Historical District,Office,Restaurant,Retail |
Will Subdivide | No |
Building Number | 115 |
Gross Annual Expenses | 0.00 |
Property SubType | Business |
Subdivision Name | Otp Sherman |
Zoning Description | Bar/Tavern Restaurant Office Retail |
Occupant Type | Vacant |
County | Grayson |
Property Type | Commercial Sale |
Construction Materials | Brick |
Year Built Details | Preowned |
Green Energy Efficient | Solar Electric System,Solar Electric System - Owned |
Special Notes | Aerial Photo,Historical |
Status | Active |
Directions | From US 75 go East on Travis st. Drive around the Courthouse back to Travis St. |
City | Sherman |
Buyer Agent Compensation | 3 |
Green Energy Generation | Solar,Owned |
Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20644249 |
Standard Status | Active |
Buyer Agent Compensation Type | % |
Interior Features
Flooring | Concrete |
---|---|
Total Stories | 3 |
Total Units | 1 |
SQFT Gross | 38506 |
Lock Box Type | Blue iBox |
Exterior Features
Lot Size Source | Assessor |
---|---|
Parking Features | Additional Parking,Alley Access,Asphalt,Assigned,Concrete,Lighted,Off Street,On Site,On Street,Parking Lot |
Lot Size | Less Than .5 Acre (not Zero) |
Foundation | Pillar/Post/Pier |
Lot Size Area | 0.4688 |
Lot Size Units | Acres |
Construction Materials Walls | Brick,Unfinished |
Building Area Total | 36564.00 |
Road Frontage Type | City Street,Sidewalk |
Lot Size Square Feet | 20420.9280 |
Lot Size Acres | 0.4688 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool