1400 S GRIBBLE STREET, SHERMAN, TX 75090

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Active

List Price$3,750,000

1400 S Gribble Street

Sherman, TX 75090

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Listing #21016396

24,291

Square Feet

2

Number of Units

Commercial

Type

About This Property

The Armory at 1400 Gribble - a 24,291sq ft estate on 9.36 acres. Originally a 1920s TX Natl Guard Armory, home to 111th Engineers & Thirty-Sixth Div, this property blends historic charm with modern luxury, ideal for corp hdqrts, event venues, secure facilities, mixed-use dev, or private estate. Situated 1 mile from the I.T. corridor, driven by over $40BB in tech invstmts, incl TX Instruments' $40BB semiconductor campus & GlobalWafers' $5BB silicon wafer facility, it benefits from Sherman's $500MM infrastructure upgrades, including water & wastewater systems, Hwy 75 enhancements, & new airport hangars, supporting a population boom potentially doubling to 90,000 in 5 to 10 yrs. Tyson Foods' expansion & downtown revitalization add vibrancy. SEDCO incentives, incl tax rebates & grants enhance ROI. The 120x60ft Great Hall features 20ft ceilings, 2 10-ton AC units, a 25ft HVLS Big Ass fan, seamless polyaspartic flooring, 12 Sonos HiFi speakers, & Perennial fabric roller shades. Indoor gun range offers 415-yard lanes, PEPP soundproofing, 5K CFPM HEPA scrubbing ideal for security or firearms use. Kitchen showcases a La Cornue Grand Palais 180 range, nickel quartzite waterfall countertops, Kohler sinks, a 90-second commercial dishwasher, & basalt mosaic flooring. Gameroom incl a Beverly Blue quartzite wet bar, 1890s Welsh slate snooker table, antique stained-glass lighting, & cherrywood cabinetry. Main bedroom suite has an original munitions safe, marble-floored bathroom with Kohler Real Rain shower, 2 Napoleon fireplaces, & Cambria quartz countertops. Patio features a Napoleon outdoor kitchen with a 6ft remote-controlled fireplace & flagstone paving. The 5,300sq ft annex has 25ft ceilings, 2 3-ton AC units, Sonos speakers, 12-camera surveillance, & 2 car lifts. Tech & security include 18-camera surveillance, high-speed internet with dedicated IP, & 2 vaults. Just one-eighth mile from Sherman Mun Airport, The Armory leverages Sherman's tech growth & proximity to Lake Texoma.

Property Features

Location Information

County

Grayson

Subdivision

None

Interior Features

Has Fireplace

No

Floors

Carpet, Ceramic Tile, Other, Wood

Heating

Central, Fireplace(s), Natural Gas

Tenant Pays

Other

Cooling

Central Air, Ceiling Fan(s), Electric, Multi Units

Total Number of Units

2

Exterior Features

Construction

Block

Lot Size in Sq. Ft.

407,721

Foundation

Slab

Possible Best Use

Industrial, Office, Other, W

Roof

Flat, Metal

Zoning

(377) Commercial - Special use

Utilities

Cable Available, Electricity Connected, Phone Available, Sewer Available, Separate Meters, Water Available

Building Total Area (Sq. Ft.)

24,291

Security System

Security System

Road Description

City Street, Asphalt

Parking Description

Additional Parking, Asphalt, Concrete, Epoxy Flooring, Gravel

Is One Story

No

Lot Size in Acres

9.36

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Tax Annual Amount

17266.0

Property SubType

Office

Documents Available

Aerial

Year Built

1944

Lot Acres Source

Assessor

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$17,513

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$13,513

Monthly Tax

$3,125

Monthly Insurance

$875

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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