119 E 5th Street Active Save Request In-Person Tour Request Virtual Tour
Bonham,TX 75418
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Simpson Donation
MLS Listing ID 20619834
Total Fin. Sqft 5016
Year Built 1900
Annual Tax Amount $5,520
Lot Size 3,528 Sqft
Acres 0.081
Property Description
Situated on the north side of the historic town square across from the newly renovated Bonham courthouse, this charming building presents an outstanding investment opportunity. Spanning approximately 5,019 sq. ft. the lower floor is a turn key restaurant and bar facility that is currently leased for $2750 per month. Tucked away upstairs you will discover a beautifully furnished 2bed, 2bath luxury loft with views of the courthouse, adorned with exquisite antiques, and a kitchen fit for any aspiring chef or entertainer with a passion for gatherings and creating elegant and memorable events. The loft has previously leased for $1,800 per month. The entire building has undergone extensive updates and renovations that feel sophisticated, bright, warm and inviting. As a city on the rise, Bonham offers a promising environment for business ventures and residential leasing. A versatile building with exceptional promise in a flourishing location that comes with the energy of a downtown lifestyle.
Location
State TX
County Fannin
Zoning commercial condo/residential
Direction property is correctly pinned on the MLS please use GPS to locate
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile,Hardwood,Luxury Vinyl Plank
Heat Source Central
Exterior
Utilities Available City Sewer,City Water,Electricity Connected,Individual Gas Meter,Phone Available
Roof Type Flat
Parking Type Off Street,On Street,Outside
Garage No
Building
Foundation Slab
Structure Type Brick,Plaster,Rock/Stone,Siding,Wood
Others
Ownership Coral
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional