151 S 5th Street Honey Grove, TX 75446
2.44 Acres Lot
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, this space has already played host to weddings, proms, family reunions, holiday markets, and intimate showers in the cozy front foyer. Whether you're dreaming of expanding an existing event business or launching a new concept, this venue offers the blank canvas you've been looking for.
Unique to the property are two attached silos—just waiting for the right vision to convert them into a one-of-a-kind bridal suite or conversation-starting lounge area. A finished concrete drive in the back leads to a large roll-up garage door—perfect for easy vendor access. Inside, you'll find tables, chairs, and a wide variety of decor items ready to go. The structure offers incredible space and height, ideal for creative layouts and custom lighting.
There's room to grow: build out a bar area, add a commercial kitchen, and elevate the guest experience. With nearly 2.5 acres, there's ample space for expanded parking, outdoor events, or even subdividing the land for future development.
This property hasn't reached its full potential—but with vision, polish, and strategic marketing, it could easily become the go-to destination venue in the region. For the right person, the opportunity is as massive as the space itself. MORE PHOTOS COMING SOON!
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
