$730,000
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6,442 SqFt
SOLD DATE : 10/26/2023
Key Details
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 6,442 sqft
Price per Sqft $113
Subdivision Midway Mall
MLS Listing ID 20434633
Sold Date 10/26/23
Total Fin. Sqft 6442
Year Built 1986
Annual Tax Amount $9,631
Lot Size 1.050 Acres
Acres 1.05
Property Description
Opportunity to purchase a well-maintained office building in Sherman TX located a 1 ac. corner lot on Texoma Parkway with convenient access to Hwy 82 and Hwy 75. This building is approximately 6,442.50 SF with a 1,140 SF attached garage with 2 overhead doors. Property is zoned C2 and could be used as a bank, office, medical, law, real estate etc. The building features 5 sound insulated offices, conference & break room, 13’x26’ waiting room, bank vault, 3-phase electric, and covered drive-through and elegant skylight. There are more than 30 parking spaces with rear and front parking. Traffic counts are approximately 13,000 at this location on Texoma Parkway. Located less than 1 mile to Hwy 75 and 2 miles to Hwy 82. The property was formerly First United Bank and is currently vacant. Located in Opportunity Zone.
Location
State TX
County Grayson
Zoning C-2
Direction From north Texoma Pkwy head toward Frisco Rd. Turn left onto Fallon Dr. Property will be at the corner on your right.
Interior
Heating Central
Cooling Central Air, Electric, Gas, Zoned
Flooring Carpet, Concrete
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Electricity Available, Underground Utilities
Roof Type Metal
Garage No
Building
Lot Description Corner Lot
Foundation Slab
Structure Type Metal Siding,Rock/Stone,Stone Veneer,Stucco
Others
Ownership MIDWAY TEXOMA, LLC
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Aerial Photo, Flood Plain
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Bought with Matthew Shaw • DAVID NORMAN LAND COMPANY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "