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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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330 W Lamar St , Sherman, TX 75090
$1,750,000
Est. Payment: $9,686.63/mo
8472 Sqft
0.23 Acres
Status: active | Days on site: 19
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MT100967 - 0694673
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House Description

Built in 1956, this landmark mixed-use building offers approximately 8,472 square feet at a prominent gateway to Downtown Sherman along Lamar Street.? Rich in architectural character, the property presents exceptional potential for investment, redevelopment, and adaptive reuse.? The building is divided into five separately leasable units, including three commercial spaces and two luxury residential lofts renovated in 2022.? One commercial space is currently leased to an established bail bond company, and one residential loft is also occupied, providing existing rental income.? The remaining commercial spaces offer flexibility for a restaurant, sports bar and grill, boutique storefront, salon, art gallery, furniture or home décor showroom, or another creative mixed-use concept.? A street-level entrance provides direct access to a distinctive second-story commercial loft ideally suited for a salon, gallery, studio, or professional space.? The City of Sherman continues to support downtown revitalization and may offer attractive incentives for qualifying redevelopment projects.? The property is also located within the Sherman Opportunity Zone, creating potential long-term investment and tax advantages.? With its existing income, multiple leasable units, renovated residential lofts, and adaptable commercial spaces, this distinctive property delivers location, character, flexibility, and opportunity.?

Highlights

Listed by Josh Long , CAPROCK Real Estate Advisors LLC , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.23

Year Built

1956

County

Grayson

Neighborhood

Loving A R Add

Listing ID

21391599

Questions about this listing?

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Interior Features

Air Cond:Central Air
Fireplaces:
Floor:Carpet,Concrete,Wood

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Zoning:Commercial / Residential Loft
Roof:Shingle
Others:
  • ▪ Additional:Preowned
Parking Features:Parking Lot,Private
Principal Interest
$9,687
Taxes
$1,445

Home Price

$1,750,000

Loan Details

30 yrs
7.393%

Down Payment

20%
$350,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,686.63

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,686.63 $1,445.42 $0.00 $11,132.05
Yearly $116,239.59 $17,345.00 $0.00 $133,584.59
Total $3,487,187.77 $520,350.00 $0.00 $4,007,537.77

Today's Rates

30 Year

7.39%

20 Year

7.2%

15 Year

6.63%

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Market insight data is pulled from the same city as the listing being viewed (Sherman, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-10T16:04:52.320Z

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