1709 BonhamBonham, TX 75418

For Sale
$4,600,000

Prime Bonham location, high-traffic highway frontage.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity encompasses 9.67 acres of land in Bonham, Texas, strategically situated along State Highway 121. The property boasts over 400 feet of highway frontage, providing unparalleled visibility and accessibility. Three existing highway entrances enhance convenience. The site presents significant development potential, combining a currently operating restaurant with substantial additional acreage. The existing restaurant building, approximately 2,820 square feet, is situated on a 0.66-acre parcel zoned for business use. A separate 9.07-acre tract is zoned multi-family. This larger parcel includes a 2,400 square foot home (per Fannin CAD). The property's zoning allows for diverse development options, catering to a range of commercial and residential uses. The asking price is $4,600,000, translating to $1,631 per square foot. Built in 1996, the single-story restaurant offers immediate income potential, while the expansive land provides a platform for future expansion and development. The property's location on a major thoroughfare in a rapidly growing area makes it an attractive investment for both developers and business owners. The APN is 000000079778. This property is located at 1709 N State Highway 121, Bonham, TX 75418.

Highlights

  • 9.67-acre tract in Bonham, TX, on State Highway 121 with over 400 feet of highway frontage and three entrances.
  • Existing 2,820 SF restaurant on a 0.66-acre commercially zoned lot, generating immediate income.
  • Separate 9.07-acre multi-family zoned parcel includes a 2,400 SF home (per Fannin CAD).
  • $4,600,000 asking price; $1,631 per square foot.
  • APN: 000000079778; Address: 1709 N State Highway 121, Bonham, TX 75418.

Property Details for 1709 Bonham

Property type
Other retail properties, Restaurants
Square Feet
2,820 SF
Year Built
1996
Stories
1
Lot Size (sq. ft)
421,225 SF

Location Insight

City
Bonham
County
Fannin
State
Texas
Latitude
33.5900536
Longitude
-96.1929668
1709 Bonham, Bonham, Texas

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1709 Bonham
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