For Sale
$895,000

119 5Th St Bonham, TX 75418

Historic Downtown Bonham Investment

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional property at 119 E 5th Street, Bonham, TX 75418, presents a unique investment opportunity. Located on the north side of the historic town square, directly across from the newly renovated courthouse, this building offers a blend of commercial and residential space. The main level encompasses approximately 5,016 square feet, currently configured as a turnkey restaurant and bar, generating a monthly lease income of $2,750. Upstairs, a beautifully appointed 2-bedroom, 2-bathroom luxury loft apartment, previously leased for $1,800 per month, boasts exquisite antique furnishings, a chef's kitchen, and stunning courthouse views. The entire 5,016 square foot building has undergone extensive renovations, resulting in a sophisticated, bright, and inviting atmosphere. The 3,528 square foot lot provides ample space. Situated in a revitalized downtown area, this versatile property offers strong potential for continued rental income and future appreciation in a thriving Texas town. The asking price for this combined retail and residential property is $895,000.

Highlights

  • $895,000 asking price.
  • Retail and land property totaling 5,016 square feet.
  • Located at 119 E 5th Street, Bonham, TX 75418.
  • 3,528 square foot lot.
  • Features a ground floor restaurant/bar currently leased for $2,750/month and a 2-bed, 2-bath upstairs loft previously leased for $1,800/month.

Property Details for 119 5Th St

Property type
Retail properties, Land
Square Feet
5,016 SF

Location Insight

City
Bonham
County
Fannin
State
Texas
Latitude
33.5782073
Longitude
-96.1785751

FAQs

What type of property is this?
Retail property - Historic Downtown Bonham Investment
Where is the retail property located?
The property is located at 119 5Th St Bonham, TX.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: $895,000 asking price.; Retail and land property totaling 5,016 square feet.; Located at 119 E 5th Street, Bonham, TX 75418.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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119 5Th St
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