Historic Multi-Suite Office
New
For Sale
Contact for pricing
202 North Walnut Street, Sherman, TX 75090
Fully occupied professional offices include recent renovations and dedicated rear parking in a downtown commercial setting.
Property Size7,400 SF
Price / SF$128.38
Days on Market6
Property Features for 202 North Walnut Street
General Information
Standard status
Active
Size
7,400 SF
Total Parking Spaces
8
Property subtype
Retail, Office, Special Purpose
Occupancy
100%
Additional Details
Opportunity Zone
Yes
Road Access
Yes
Office Units
4
Building Details
Year Built
1920
Buildings
1
Building Size
7,400 SF
Tenancy
Multi
Listing Agency:
CAPROCK REAL ESTATE ADVISORS
Listed By:
Josh Long · License #TX0694673
(888) 455-6040
Source:
Crexi
Added: Sep 9
Changed: Sep 12
Last Checked: Sep 13 at 6:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CAPROCK REAL ESTATE ADVISORS
Investment Insights
Based on property information with market context.
The Hare Building is a historic office property completed in 1920, with approximately 7,400 square feet arranged across four separately leasable commercial suites. All four suites are occupied, and three have received renovations within the past three years. The building retains its historic character while providing updated professional office environments and ongoing rental income. Eight private parking spaces are located behind the property.
Positioned at 202 North Walnut Street in Sherman, Texas, the building sits one block from the city’s historic Downtown Square. It is also within the Sherman Opportunity Zone, and the City of Sherman may provide incentives for qualifying downtown redevelopment projects. The configuration supports continued office use, redevelopment, or adaptive reuse.
Positioned at 202 North Walnut Street in Sherman, Texas, the building sits one block from the city’s historic Downtown Square. It is also within the Sherman Opportunity Zone, and the City of Sherman may provide incentives for qualifying downtown redevelopment projects. The configuration supports continued office use, redevelopment, or adaptive reuse.
Key Highlights
- Approximately 7,400 square feet completed in 1920
- Four separately leasable commercial suites, all currently occupied
- Three suites renovated within the past three years
Property Analytics
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Current Use
Lease Details
4
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,260
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Fully occupied professional offices include recent renovations and dedicated rear parking in a downtown commercial setting.
Where is this office building located?
The property is located at 202 North Walnut Street Sherman, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Approximately 7,400 square feet completed in 1920; Four separately leasable commercial suites, all currently occupied; Three suites renovated within the past three years
