Sherman, TX 75090 220 S Elm Street
$475,000
13 more
Presented By: Terrin Bertholf with Bertholf Commercial Real Estate;
Home Details
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.
Presented By: Terrin Bertholf with Bertholf Commercial Real Estate;
Interior Features for 220 S Elm Street
Other Interior Features
SQFT Gross2400
Lock Box TypeNone
FlooringCarpet, Linoleum, Luxury Vinyl Plank
Total Stories1
Total Units1
General for 220 S Elm Street
Building UseOffice
Business TypeEducation/School
Ceiling Height8 to10 Feet
CitySherman
Construction MaterialsBrick, Siding
CoolingCentral Air
CountyGrayson
DirectionsFrom 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.
Gross Annual Expenses0.00
HeatingCentral
Occupant TypeTenant
PossessionLease Outstanding
Property SubtypeBusiness
Property TypeCommercial Sale
RoofMetal
Standard StatusActive
StatusActive
Subdivision NameLoving A R Add
Tenant PaysAll Utilities, Common Area Maintenance, Insurance, Taxes
Unexempt Taxes7003
UtilitiesCity Sewer, City Water, Co-op Electric
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1993
Year Built DetailsPreowned
Zoning DescriptionC-2 (Commercial)
Exterior for 220 S Elm Street
Building Area Total2400.00
Foundation Pillar/Post/Pier
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.3310
Lot Size Area0.3310
Lot Size Dimensions144' x 100'
Lot Size SourcePublic Records
Lot Size Square Feet14418.3600
Lot Size UnitsAcres
Parking FeaturesAsphalt
Additional Details
Price History
Mec Cheney
Realtor