205 W Lamberth Road Sherman, TX 75092
5,460 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,460 sqft
Price per Sqft $163
Subdivision Lambert Bus Park
MLS Listing ID 20903710
Total Fin. Sqft 5460
Year Built 1997
Annual Tax Amount $20,909
Lot Size 0.810 Acres
Acres 0.81
Property Sub-Type Office
Property Description
The building was fully renovated in 2019. All four commercial HVAC units replaced within the last five years, and roof was replaced in 2024.
The main 3,500 sqft space is currently leased to a national real estate franchise, with renewal options available in the next 12 months—offering strong, stable tenancy. In the rear second half of the building has four of six executive offices leased, providing additional income streams.
Rent Roll and leases available upon request.
This turnkey property is ideal for investors seeking reliable cash flow and minimal deferred maintenance.
Location
State TX
County Grayson
Zoning C-1
Direction From Hwy 75, head West on W Lamberth Road. Property will be on your right.
Interior
Heating Central, Electric, Natural Gas
Cooling Central Air, Electric, Gas
Flooring Carpet, Ceramic Tile, Concrete
Heat Source Central, Electric, Natural Gas
Exterior
Utilities Available City Sewer, City Water, Concrete, Curbs, Individual Gas Meter, Individual Water Meter
Roof Type Built-Up,Composition
Garage No
Building
Lot Description Landscaped
Foundation Combination, Concrete Perimeter
Structure Type Metal Siding
Others
Ownership 205 Business Suites LLC
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20903710
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