Sherman, TX 75090 109-111 N Travis Street

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Presented By: STACEY OLMSTEAD with PARAGON, REALTORS; 903-893-8174
  • MLS# 20880068
  • 03/26/2025
  • Request Tour
  • Request Info

Home Details

Imagine the possibilities! Incredible investment opportunity in downtown Sherman, TX just one block off the square. Welcome to the Fallon Building, built circa 1885. Originally Richard Walsh's Q.T. Saloon & Billiard parlor, this building has one of Sherman's few remaining original interiors. Amazing detail and character throughout, including original woodwork, wainscoting, intricate tin ceilings, grand staircase entry, high ceilings, and original glass doors & transoms on the second floor. Two first floor storefront units (109 & 111) each span over 3100+ SF. Second floor is home to 12 individual office units, two of which face Travis Street (prime location for parade watching!), a kitchenette, restrooms, and two storage rooms, all-together spanning over 6200+ SF upstairs. Building includes two designated parking spots behind the building. Please see Transaction Desk for information regarding the City of Sherman's Downtown Building Improvement Grant Program and other Downtown Incentives upwards of over $300,000 plus grease traps and sprinkler systems. So much potential to turn this section of downtown into a thriving block! What business ideas will you bring to beautiful downtown Sherman?
Presented By: STACEY OLMSTEAD with PARAGON, REALTORS; 903-893-8174

Interior Features for 109-111 N Travis Street

Other Interior Features

SQFT Gross12550
Lock Box TypeNone
FlooringCarpet, Laminate, Wood, Wood Under Carpet
Total Stories2
Total Units14

General for 109-111 N Travis Street

Building Number111
Building UseBar/Taverns, Beauty/Barber, Food Service, Office, Restaurant, Retail, Other
Business TypeAccounting, Administrative and Support, Advertising, Animal Grooming, Appliances, Arts and Entertainment, Athletic, Bakery, Bar/Tavern/Lounge, Barber/Beauty, Books/Cards/Stationary, Candy/Cookie, Carpet/Tile, Chi
Ceiling Height15 to 20 Feet
CitySherman
Construction MaterialsBrick
CoolingCentral Air
CountyGrayson
DirectionsFrom highway 75 north, exit for Houston-Lamar. Turn right on Lamar, then continue to downtown. At the courthouse, turn left on Travis. Continue past Houston. Property is on the right side, just north of
Gross Annual Expenses0.00
HeatingCentral
Listing Terms1031 Exchange, Cash, Conventional
Number Of Leaseable Spaces14
Occupant TypeOwner
PossessionClosing/Funding, Negotiable
Property SubtypeOffice
Property TypeCommercial Sale
RoofOther
Security FeaturesSmoke Detector(s)
Special NotesAerial Photo
Standard StatusActive Under Contract
StatusActive Option Contract
Subdivision NameOtp Sherman
Tenant PaysOther
Unexempt Taxes7408
UtilitiesAlley, City Sewer, City Water, Curbs
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1885
Year Built DetailsPreowned
Zoning DescriptionCommercial

Exterior for 109-111 N Travis Street

Building Area Total12550.00
Construction Materials WallsBrick, Paneling
Foundation Other
Lot FeaturesInterior Lot, Zero Lot Line
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.1720
Lot Size Area0.1720
Lot Size SourceAssessor
Lot Size Square Feet7492.3200
Lot Size UnitsAcres
Parking FeaturesAlley Access, Assigned, On Street, Outside
Road Frontage TypeCity Street, Curbs/Gutters, Sidewalk
WaterfrontNo

Additional Details

Price History

Katie Edwards

Realtor
Price $1,150,000
MLS#20880068
List Date 03/26/2025
Property Type Contingent
Phone 979.571.7600
Request Tour
Request Info
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