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202-221 N Walnut Street 202-21
Sherman TX 75090 US

$950,000

Active Listing ID 21391584
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Lot: 0.24 Acres
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Retail

$950,000

Active Listing ID 21391584
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202-221 N Walnut Street 202-21 Built in 1920, this landmark commercial building offers approximately 4, 400 square feet along North Walnut Street, just one block from Sherman's historic Downtown Square.? The property presents an exceptional opportunity for investment, professional office use, redevelopment, or adaptive reuse.? The building is divided into four separately leasable commercial suites, all of which are currently occupied, providing immediate rental income.? Three of the four suites have been renovated within the past three years, offering updated professional spaces while preserving the building's historic character.? The property also includes eight private parking spaces at the rear of the building-a valuable amenity in Downtown Sherman.? The City of Sherman continues to support downtown revitalization and may offer attractive incentives for qualifying redevelopment projects.? The property is also located within the Sherman Opportunity Zone, creating potential long-term investment and tax advantages.? With full occupancy, multiple income-producing suites, recent renovations, private parking, and a prominent downtown location, this distinctive property offers an exceptional opportunity to invest in the continued growth of Downtown Sherman.?

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Property Features

  • Facts
  • Lot Size: 0.24 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Retail
  • Features
  • Cooling System: Ceiling Fan(s)
  • Floor Covering: Concrete
  • Roof Type: Shingle
  • Heating Fuels: Central

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 950000
  • unparsedaddress: 202-221 N Walnut Street
  • unitnumber: 202-21
  • postalcity: Sherman
  • stateorprovince: TX
  • country: US
  • postalcode: 75090
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.243
  • lotsizeunits: Acres
  • lotsizearea: 0.243
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.638088
  • longitude: -96.608824
  • listagentfullname: Josh Long
  • listagentemail: jdlong@caprockrea.com
  • listagentkey: 3yd-NTREIS-0694673
  • listagentmlsid: 0694673
  • listagentpreferredphone: 4698348063
  • listofficekey: 3yd-NTREIS-MT100967
  • listofficemlsid: MT100967
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 1920
  • countyorparish: Grayson
  • parcelnumber: 161971
  • cooling: Ceiling Fan(s)
  • constructionmaterials: Brick, Block
  • flooring: Concrete
  • heating: Central
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Parking Lot
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.608826, 33.63809
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":null, "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jdlong@caprockrea.com", "ListBrokerageCity":null, "ListBrokerageCountry":null, "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":null, "ListBrokeragePhone":"4698348063", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"MT100967", "ListOfficeCity":null, "ListOfficeCountry":"US", "ListOfficeEmail":"rodney@caprockrea.com", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"CommercialSale, Sherman, TX", "ListingURL":"https://listings.listhub.net/pages/NTREIS/21391584/?channel=rexren", "MLSModificationTimestamp":"2026-09-21 13:10:18", "Neighborhoods":[{"Description":null, "Name":"Shannon T J Suppl"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":11266, "TaxDescription":"SHANNON T J SUPPLEMENT, BLOCK D, LOT PT 7, 8", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/22/2026 4:56:36 AM GMT
Source Updated Date: 9/25/2026 12:54:57 PM GMT

Courtesy of: Josh Long, CAPROCK Real Estate Advisors LLC, jdlong@caprockrea.com

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.