$1,150,000 - 0± Acres
Sherman, Texas 75090
Description
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?
Key Features
- Price $1,150,000
- Property Type Commercial Sale
- Acres 0±
- Utilities Alley,City Sewer,City Water,Curbs
- City Sherman
- Status Active
Improvements
- Foundation: Other
- Heating: Central
- Permit internet: 1
- Roof: Other
Other
- City: Sherman
- County: Grayson
- State: Texas
- Zipcode: 75090
- Year Built: 1885
- Floors: Carpet,Laminate,Wood,Wood Under Carpet
- Subdivision: Otp Sherman
Property Map
Directions: From 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 Old Iron Post and Just Peachy salon.
©2025 North Texas Real Estate Information Systems, Inc. All rights reserved. - Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, North Texas Real Estate Information Systems, Inc. Listing #20880068 Courtesy of PARAGON, REALTORS. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.