About 318 W Laurel Street
We are pleased to present the opportunity to acquire this investment or owner-user opportunity in the heart of Downtown Sherman, Texas. This 1,477 square-foot office-retail property is ideally located within walking distance of the city’s vibrant main strip, offering exceptional visibility, accessibility, and future growth potential. Situated on a 0.19-acre corner lot at West Laurel Street and North Elm Street, the property benefits from dual access points and the potential to add paved parking at the rear. Zoned C-1, the space is currently configured as a residence, providing flexibility for immediate occupancy or conversion into a professional office or retail space with a 748 square-foot storage building included. The interior layout includes a welcoming foyer leading into an open workspace suitable for a reception area, collaborative workstations, or waiting room. Additional features include two private offices, one with an adjoining restroom, and a kitchen-breakroom area that can easily be enclosed for privacy. Strategically positioned just off State Highway 56 and U.S. Highway 75, this property offers convenience and connectivity for clients, employees, and visitors alike. Whether repositioned as a professional office, boutique business, or lease-up investment, this property presents a prime opportunity to capitalize on the continued growth and revitalization of Downtown Sherman.
Features of 318 W Laurel Street
MLS® # | 21092739 |
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Price | $220,000 |
Bathrooms | 0.00 |
Acres | 0.19 |
Year Built | 1955 |
Type | Commercial Sale |
Sub-Type | Office |
Status | Active |
Community Information
Address | 318 W Laurel Street |
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Subdivision | Allen S B Add |
City | Sherman |
County | Grayson |
State | TX |
Zip Code | 75090-5830 |
Amenities
Utilities | All Weather Road, City Sewer, City Water, Electricity Available |
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Garages | Garage, 2-Car Double Doors, Garage Faces Side, Off Street, Oversized, Workshop in Garage |
Is Waterfront | No |
Pool On Property | No |
Interior
Heating | Central, Natural Gas |
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Fireplace | No |
# of Stories | 1 |
Stories | 1 |
Exterior
Lot Features | Corner Lot, Few Trees, Landscaped, Lrg. Backyard Grass |
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Roof | Composition |
Construction | Brick, Rock/Stone |
Foundation | Pillar/Post/Pier |
Additional Information
Flooring | Ceramic Tile, Hardwood |
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Building Sqft | 1,477 |
# Units | 1 |
Building Use | Office, Retail, Other |
Commercial Features | Office, Retail, Other |
Zoning | C-1 |
Listing Details
Agent | Shane Hendrix |
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Office | M&D CRE, LLC |