TX > Bonham > Simpson Donation
Bonham, TX 75418,119 E 5th Street
Bonham, TX 75418,119 E 5th Street
Bonham, TX 75418,119 E 5th Street
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$895,000
Est. payment /mo
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3,528 Sqft Lot
Price Dropped by $55K

119 E 5th Street Bonham, TX 75418

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Nkoli Ogwuru

Nkoli Ogwuru

+1(214) 548-8990

UPDATED:

10/01/2024 09:45 PM

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

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2024 North Texas Real Estate Information Systems.
Listed by Megan Towery • Century 21 Harvey Properties

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Nkoli Ogwuru

Broker Associate | License ID: 0671975

+1(214) 548-8990

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