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220 S Elm St
Sherman, TX 75090

$435,000 USD

Office For Sale  •  2,400 SF

Property Details

  • Property Type Office
  • Total Building Size 2,400 SF
  • Lot Size 0.33 AC
  • Building Class C
  • Year Built 1993
  • Cap Rate 8.19 %
  • Tenancy Single
  • Zoning C-2 (Commercial)
0 Transit Score
62 Walk Score

Highlights

Income-producing property in downtown Sherman
Tenant in place with approximately 3 years remaining on a NNN lease
Main building features a metal roof and newer HVAC system
Includes two additional detached buildings currently used as offices/classrooms
Located near Highway 56, with easy access to US-75
Surrounded by Sherman's expanding downtown area, featuring retail, dining, and professional services

Property Flyers

Cap Rate: 8.19 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Noel Cobb 903-818-7946 Bertholf Commercial Real Estate
Noel Cobb 903-818-7946 Bertholf Commercial Real Estate