151 S 5th Street Honey Grove, TX 75446
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision T & P Ry Add
MLS Listing ID 20996243
Total Fin. Sqft 11605
Year Built 1983
Annual Tax Amount $19,303
Lot Size 2.441 Acres
Acres 2.441
Property Sub-Type Business
Property Description
With a flexible open layout, the space has already hosted weddings, proms, family reunions, holiday markets, and intimate showers in the cozy front foyer. Whether you're expanding an event business or launching something new, this is the blank canvas you've been looking for.
Two attached silos offer one-of-a-kind potential—envision them as a bridal suite, private lounge, or Instagram-worthy bar. A finished concrete drive leads to a large roll-up garage door for seamless vendor access. Inside, tables, chairs, and a wide variety of décor are ready to go. The soaring ceilings and open floor plan allow for creative layouts, lighting, and guest experiences.
The possibilities go far beyond events: reimagine the space as a showroom, shared workspace, or even multi-family living. There's plenty of land to build out additional residential units, expand parking, add a commercial kitchen, or develop outdoor event areas.
This property hasn't reached its full potential—but with vision, polish, and the right strategy, it could become the region's go-to destination. For the right buyer, the opportunity is as expansive as the space itself.
Location
State TX
County Fannin
Zoning Commercial and Residential
Direction From downtown Honey Grove, turn S onto 5th Street. Go through 2 stop signs. After 2nd stop sign, you will see the venue in front of you. It is on the corner of 5th and Commerce Streets. There will be a sign out front.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Concrete
Heat Source Central, Electric
Exterior
Utilities Available Asphalt, City Sewer, City Water, Curbs, Electricity Connected, Gravel/Rock, Individual Water Meter
Roof Type Metal
Garage No
Building
Lot Description Acreage, Cleared, Corner Lot
Foundation Slab
Structure Type Aluminum Siding,Brick
Others
Ownership HAM Associates LLC
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20996243
