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202-221 N Walnut Street 202-21, Sherman, Texas– $950,000
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  • $950k Price
  • .24 Acres
  • 1920 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $950k Price
  • .24 Acres
  • 1920 Year Built
  • Study
  • Game Room
  • Media
  • Pool

202-221 N Walnut Street 202-21
Sherman, Texas 75090-5981

County: Grayson Shannon T J Suppl

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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Essential Information

  • Price$950,000
  • Cumulative Days on MarketUnlock
  • MLS® #21391584
  • Acres0.24
  • Year Built1920
  • Built Desc.Preowned
  • TypeCommercial Sale
  • Sub-TypeRetail
  • StatusActive
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Quick Valuation Analysis from 2 Active and 2 Sold Listings

Pricing Trends from 2 Active Listings in Shannon T J Suppl

This Home's Price $950,000 This Home's Price Per SqFt $
Average Price $1,025,000 Average Price Per SqFt $
Highest Price $1,100,000 Highest Price Per SqFt $
Lowest Price $950,000 Lowest Price Per SqFt $

Pricing Trends from 2 Sold Listings in Shannon T J Suppl

This Home's Price $950,000 This Home's Price Per SqFt $
Average Price $319,000 Average Price Per SqFt $
Highest Price $499,000 Highest Price Per SqFt $
Lowest Price $139,000 Lowest Price Per SqFt $

Property Details

Community

  • Address202-221 N Walnut Street 202-21
  • SubdivisionShannon T J Suppl
  • CitySherman
  • CountyGrayson
  • StateTexas
  • Zip Code75090-5981
  • UtilitiesCity Sewer, City Water, Electricity Connected, Master Gas Meter
  • Taxes11266

Amenities

  • GaragesParking Lot, Private

Interior

  • FloorsConcrete
  • Stories1

Construction Details / Floorplan

  • Stories1
  • RoofShingle
  • FoundationSlab
  • ConstructionBlock, Brick

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral

Additional Information

  • ZoningCommercial

Private Listing Information (Registration Required)

Listing Details

  • AgentJosh Long
  • OfficeCaprock Real Estate Advisors Llc

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Listing information last updated on October 17th, 2026 at 2:31pm CDT.