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    Sherman, TX
    Restaurants

    Sherman, TX Restaurants for Sale

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    8 properties
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    Multi-Unit Storefront Building
    Updated: Jun 2
    Multi-Unit Storefront Building

    115 Wall Street, Sherman, TX 75090

    $149,000
    675 sqft 0.05 AC lot
    Brick construction with laminate and tile flooring
    Heating includes electric and central
    Cooling includes electric and central air
    Public water and public sewer
    Parking available via on‑street and open parking
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    This listing looks promising.

    Here's a quick look at some key insights for

    115 Wall Street, Sherman, TX 75090

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $12K
      Annual

    • Price @ 7% Cap

      $171K
      Above asking

    • Property Type

      Commercial (General)
      Built 1953
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    Historic Multi-Story Downtown Building
    Updated: Jun 30
    Historic Multi-Story Downtown Building

    115 S Travis Street, Sherman, TX 75090

    $2,200,000
    0.47 AC lot
    Built in 1870 with brick construction and concrete flooring
    3 floors plus elevator, offering flexible use for retail, restaurant/piano bar, and lofts/offices
    Central heating and central air, with natural gas and electric heating/cooling systems
    Public utilities: public water and public sewer
    Off‑street, assigned, on‑street, alley, and parking‑lot parking options with lots of parking behind the building
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    Free-Standing Drive-Through Restaurant
    Free-Standing Drive-Through Restaurant

    900 N Broughton Street, Sherman, TX 75090

    $599,000
    0.39 AC lot

    Second-generation restaurant with a drive-through, fully renovated down to the studs and updated with a new metal roof.

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    Renovated Restaurant with Drive-Through
    Renovated Restaurant with Drive-Through

    900 N Broughton Street, Sherman, TX 75090

    $599,000
    1,452 sqft

    Freestanding, renovated restaurant with drive-through near Austin College.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Restaurant and Office Building
    Restaurant and Office Building

    201 E Pecan Street, Sherman, TX 75090

    $499,000
    0.59 AC lot

    Charming downtown building on a substantial lot with flexibility for restaurant, entertainment, or professional office use.

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    Leased Multi-Unit Retail Storefront
    Leased Multi-Unit Retail Storefront

    115 Wall Street, Sherman, TX 75090

    $149,000
    675 sqft

    Four contiguous storefront units are offered for sale, with one currently leased to a boba tea tenant.

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    NNN Restaurant Investment Opportunity
    NNN Restaurant Investment Opportunity

    2124 Texoma Pkwy, Sherman, TX 75090

    $950,000
    5,118 sqft 0.74 AC lot

    Single-tenant NNN restaurant property with long-term tenant.

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    Historic Sherman Building Awaiting Remodel
    Historic Sherman Building Awaiting Remodel

    115 S Travis Street, Sherman, TX 75090

    $2,200,000

    Iconic Kelly Square building ready for complete remodel.

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    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 8 Active listings in Sherman, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant Building with Kitchen Space
    Restaurant Building with Kitchen Space

    400 N Houston Avenue, Pottsboro, TX 75021

    $1,400,000
    0.42 AC lot

    Converted church-to-restaurant building with dining and bar space plus kitchen-ready commercial kitchen and multiple flexible rooms.

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    Multi-Unit Restaurant and Office
    Multi-Unit Restaurant and Office

    317 W Fm 120, Pottsboro, TX 75076

    $399,000
    0.41 AC lot

    Three-unit building with restaurant space in two units and a leased office unit with restrooms in each suite.

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    Restaurant Building with Drive-Through
    Restaurant Building with Drive-Through

    2400 Woodlawn Boulevard, Denison, TX 75020

    $449,900
    3,484 sqft

    Restaurant building with drive-through, renovated in 2019-2020.

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    Drive-Through Restaurant Building
    Drive-Through Restaurant Building

    2400 Woodlawn Boulevard, Denison, TX 75020

    $449,900
    0.66 AC lot

    Restaurant building renovated in 2019–2020 with functional drive-through, dining area, walk-in cooler, and large cooking and prep space.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Development Land
    Prime Commercial Development Land

    Archer Drive, Sherman, TX 75092

    $398,500
    2.42 AC lot

    Well-located acreage off Hwy 56 near Hwy 75, offering strong visibility for a future commercial or industrial project.

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    High-Visibility Development Land
    High-Visibility Development Land

    2625 N Travis Street, Sherman, TX 75092

    $499,000
    2.39 AC lot

    Fully serviced land at a signalized intersection with strong vehicle counts and Opportunity Zone benefits for neighborhood-focused development.

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    Sherman Development Opportunity
    Sherman Development Opportunity

    2625 N Travis Street, Sherman, TX 75092

    $499,000
    2.39 AC lot

    2.39-acre site in a rapidly growing Sherman corridor.

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    C2 Zoned Commercial Development Land
    C2 Zoned Commercial Development Land

    2510 Texoma Parkway, Sherman, TX 75090

    $1,300,000
    1.30 AC lot

    C2 zoned tract on Texoma Parkway with utilities available and potential for subdivision into multiple pad sites.

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    Off-Market Properties in Sherman, TX

    Consider similar Off-Market properties in Sherman, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2916 Hwy
    Restaurants

    2916 Hwy, Sherman, TX 75090

    Value Estimation by Request
    37,500 sqft 5.90 AC lot
    View details
    2625 Travis St
    Restaurants

    2625 Travis St, Sherman, TX 75092

    Value Estimation by Request
    2.39 AC lot
    View details
    3606 Town Ctr Dr
    Restaurants

    3606 Town Ctr Dr, Sherman, TX 75092

    Value Estimation by Request
    1 sqft
    View details

    Sherman, TX Restaurants Market Trends and Statistics

    Explore 11 restaurants for sale in Sherman, TX, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 7,920 square feet of properties for sale, with an estimated market value of $7,345,000.

    Sale prices for restaurant properties in Sherman, TX start at $149,000, averaging $918,125, and reaching up to $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Coffee shops 2
    Drive through restaurants 2
    Bars & Pubs 1

    Demographics Overview

    Population 54K
    Population Growth (5Y) +9.1%
    Median Household Income $62,961
    College Educated 20.2%

    High-Yield Neighborhoods for Investment

    Identify Sherman submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    75090 $1M

    Taxes & Financing

    Tax Rate (average for all types) 2.10%
    Property Tax per SF $49.33 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grayson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Sherman fall within the 25,000 to 50,000 square foot range.

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