$2,166,000
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118 W Lamar Street Sherman, TX 75090
0.26 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Otp Sherman
MLS Listing ID 20152289
Sold Date 12/20/22
Total Fin. Sqft 38250
Year Built 1876
Annual Tax Amount $14,062
Lot Size 0.258 Acres
Acres 0.258
Property Description
Unique opportunity to purchase a historic building on the square in downtown Sherman. The property has been Touch of Class Antique Mall for 25 years and is located on the hard corner of S. Crockett St and W. Lamar St. This property has been a source of attraction to downtown for nearly 150 years and is a great location for retail, office, restaurant or lofts. Property is approximately 38,250SF and three stories with a mezzanine level. The property is located in an Opportunity Zone and in Sherman's Central Business District which offers an incentive program. This property is on the National Register of Historic Places and is a recorded Texas Historic Landmark. Located less than half a mile to HWY 75 and less than 3 miles to HWY 82.
Location
State TX
County Grayson
Zoning C1 Commercial Zoning
Direction From Highway 75, take exit for Lamar St. then head east until you reach the corner of Lamar and S. Crockett St. Property is located on the SE corner of the intersection.
Interior
Heating Gas Jets, Natural Gas
Cooling Ceiling Fan(s), Central Air, Window Unit(s)
Flooring Carpet, Hardwood, Wood
Heat Source Gas Jets, Natural Gas
Exterior
Utilities Available All Weather Road, Alley, Asphalt, Cable Available, City Sewer, City Water, Curbs, Individual Gas Meter, Individual Water Meter, Sidewalk
Roof Type Flat,Synthetic
Parking Type Additional Parking, Alley Access, Asphalt, On Street
Garage No
Building
Lot Description Corner Lot
Foundation Pillar/Post/Pier
Structure Type Brick,Wood
Others
Ownership Jeanette M Mayhugh Trustee
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Cash
Special Listing Condition Aerial Photo
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Bought with Non-Mls Member • NON MLS