109-111 N Travis St, Sherman, TX 75090

Property Description

The Fallon Building at 109-111 N. Travis is a two-story downtown landmark, built around 1885 as Richard Walsh's Q.T. Saloon, steps from the Grayson County Courthouse, offered for sale or lease with about 12,000 SF across two levels. The upper level is a finished office suite of about 6,000 SF, ready for immediate occupancy by a single tenant. A private street entrance at 111A opens to a tiled foyer and a grand staircase. Upstairs, a 100-foot central hall with dark wood wainscoting, a pressed-metal ceiling and a carved balustrade around the open stairwell leads to about 13 private offices, a break room, two restrooms and storage. Transom-topped doors, plantation shutters and tall windows over downtown give it a character new construction can't match. It suits a law firm, title company, financial or insurance office, or a regional headquarters, etc. The ground level is about 6,000 SF of shell space with two storefronts, 109 and 111, divisible into two spaces of about 3,000 SF each. Each has a recessed glass entry and display windows under red awnings. Inside, original ornate pressed-tin ceilings, crown molding, cast-iron columns, wood floors and exposed brick are already uncovered and waiting to be featured in a restaurant, coffee house, boutique, showroom or office. Lease them separately or combine them. Sherman is in the middle of a historic expansion. Texas Instruments began production at its first Sherman 300mm wafer fab in December 2025, part of a site planned for up to $40 billion and up to 3,000 jobs. GlobalWafers opened its multibillion-dollar wafer plant in 2025, and Coherent broke ground on new fab infrastructure in 2026. The city's population has grown about 20% since 2020. Downtown is the civic and cultural core of Grayson County. The active courthouse brings attorneys, title professionals and the public downtown every business day, and the district is a designated Texas Cultural District with shops, restaurants, museums and the Kidd-Key Auditorium.