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Historic Two-Story Mixed-Use Building
New
For Lease
$10 SF/Yr

109-111 N Travis Street, Sherman, TX 75090

CommercialLease, Sherman, TX

Space Size3,000 SF - 6,000 SF
Lot Size0.17 Acres
Days on Market2

Property Features for 109-111 N Travis Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description C-1
Parking features Open, On Street
Subdivision Otp Sherman
Lot features Interior Lot, Historic District
Directions From Hwy 75 take Lamar to Travis; go North on Travis. Cross Houston and subject on right
Standard status Active
APN 252235
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description OTP SHERMAN, BLOCK 3, LOT N PT 1 2 & 3, 50 X
Legal Description OTP SHERMAN, BLOCK 3, LOT N PT 1 2 & 3, 50 X

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1885
Floors in Building 2
Number of units 1
Flooring type Hardwood, Carpet
Building materials Brick
Roof type Flat
Listing Agency: SocialLivingRealEstateBoutique
Listed By: Janet Clark-Sela · License #0476532
Added: Oct 15 Last Checked: Oct 16 at 4:06AM
MLS# 21412999

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.

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Investment Insights

Based on property information with market context.

The Fallon Building is a two-story brick property constructed in 1885, with approximately 12,000 SF offered across three spaces. The upper floor includes a finished office suite with about 13 private offices, a break room, two restrooms, storage, a private street entrance and a central hall. Ground-floor space is presented as storefront shell area, divisible into two suites. Features include recessed glass entries, display windows, hardwood floors, exposed brick, cast-iron columns and pressed-tin ceilings.

The property is at 109-111 N Travis Street in downtown Sherman, near the Grayson County Courthouse. Downtown is identified as a Texas Cultural District with shops, restaurants, museums and the Kidd-Key Auditorium. Open and on-street parking are listed.

Key Highlights

  • Approximately 12,000 SF available in three spaces, ranging from 3,000 to 12,000 SF
  • Upper‑level 111A offers about 6,000 SF of finished office space
  • Office suite includes about 13 private offices, a break room, two restrooms and storage

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Pharmacy Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,235
Businesses Nearby

Demographics for 75090, TX

25,002
Population
9,602
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
84%
High-School Grad
78.5 sq mi
ZIP Area
318
Density / Sq Mi
$58,586
Median Household Income
$36,230
Median Earnings
$1,111
Median Rent
$163,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Leasing options include a finished upper-level office suite and adaptable ground-floor storefront space.
Where is this mixed-use property located?
The property is located at 109-111 N Travis Street Sherman, TX.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Approximately 12,000 SF available in three spaces, ranging from 3,000 to 12,000 SF; Upper‑level 111A offers about 6,000 SF of finished office space; Office suite includes about 13 private offices, a break room, two restrooms and storage
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