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$1,000,000

Est. payment - /mo

2.44 Acres Lot

Active

151 S 5th Street Honey Grove, TX 75446

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Patricia Ann Young

patricia@followmyheelshome.com +1(972) 795-4260

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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

Welcome to your next big opportunity—an impressive 11,000+ sq ft event venue unlike anything else in the area. Set on nearly 2.5 acres, this property blends rustic farmhouse vibes with industrial character and an elegance that's ready to shine.

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

Accessibility Accessible Approach with Ramp, Accessible Bath - Half+Hall, Accessible Doors, Accessible Entrance

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

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Lore Lane • Hygge Homes and Land

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Patricia Ann Young

Agent | License ID: 0555284

+1(972) 795-4260

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151 S 5th Street Honey Grove, TX 75446

Patricia Ann Young

Key Details

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151 S 5th Street