Views
Address
119 E 5th Street, Bonham, TX
Price
$ 1,250,000
Property Attributes
- MLS#20619834
- TypeCommercial
- CountyFANNIN
- CityBonham
- NeighborhoodSimpson Donation
- Zip75418
- StyleRetail
- Year Built1900
- Taxes$ 5520
- Price$ 1,250,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.081 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
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.
| Price History | |
|---|---|
| 5/16/2024 | Listed $1,250,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Utilities | City Sewer,City Water,Electricity Connected,Individual Gas Meter,Phone Available |
| Ceiling Height | 11 to 14 Feet |
| Possession | Negotiable |
| Roof | Flat |
| Year Built | 1900 |
| Tenant Pays | All Utilities |
| Business Type | Bar/Tavern/Lounge,Deli/Catering,Mixed,Rental,Residential,Restaurant,Retail |
| Unexempt Taxes | 5520 |
| Building Use | Food Service,Restaurant,Other |
| Average Monthly Lease | 2750 |
| Will Subdivide | No |
| Gross Annual Expenses | 0.00 |
| Property SubType | Retail |
| Subdivision Name | Simpson Donation |
| Zoning Description | commercial condo/residential |
| Occupant Type | Tenant |
| County | Fannin |
| Property Type | Commercial Sale |
| Security Features | Burglar,Carbon Monoxide Detector(s),Fire Alarm,Fire Sprinkler System,Security Service,Security System |
| Construction Materials | Brick,Plaster,Rock/Stone,Siding,Wood |
| Year Built Details | Preowned |
| Number Of Leaseable Spaces | 2 |
| Number Of Spaces Leased | 1 |
| Status | Active |
| Directions | property is correctly pinned on the MLS please use GPS to locate |
| City | Bonham |
| Buyer Agent Compensation | 2 |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20619834 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Ceramic Tile,Hardwood,Luxury Vinyl Plank |
|---|---|
| Total Stories | 2 |
| Total Units | 2 |
| SQFT Gross | 5016 |
| Lock Box Type | None |
Exterior Features
| Lot Size Source | Assessor |
|---|---|
| Parking Features | Off Street,On Street,Outside |
| Lot Size | Less Than .5 Acre (not Zero) |
| Foundation | Slab |
| Lot Size Area | 0.0810 |
| Lot Size Units | Acres |
| Construction Materials Walls | Brick,Plaster |
| Building Area Total | 5016.00 |
| Road Frontage Type | City Street |
| Lot Size Square Feet | 3528.3600 |
| Lot Size Acres | 0.0810 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 75418
Price
Taxes
Visits
Year Built
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jon and Jason - Lucky 13 Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas
