Views
Address
115 S Travis Street, Sherman, TX
Price
$ 2,500,000
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

Property vs Commercial Average in 75090

Price
AVG $1.33M
$2.5M
Taxes
AVG $33,028
$6,965
Visits
AVG 141
4
Data Provided by Inside Real Estate®
Year Built
AVG 1958
1870

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