151 S 5TH STREET, HONEY GROVE, TX 75446
Homes for sale in Honey Grove.
Homes for sale in 75446.
List Price$650,000
151 S 5th Street
Honey Grove, TX 75446
Listing #20996243
About This Property
Welcome to your next big opportunity--an impressive 11,000+ sq ft event venue unlike anything else in the area. 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.
Property Features
Location Information
County
Fannin
Subdivision
T & P Ry Add
Interior Features
Has Fireplace
No
Tenant Pays
None
Heating
Central, Electric
Total Number of Units
1
Cooling
Central Air, Electric
Accessibility
Accessible Full Bath, Accessible Approach with Ramp
Floors
Concrete
Exterior Features
Construction
Aluminum Siding, Brick
Lot Size in Sq. Ft.
38,986
Foundation
Slab
Possible Best Use
Other
Roof
Metal
Zoning
Commercial and Residential
Utilities
Electricity Connected, Sewer Available, Separate Meters, Water Available
Building Total Area (Sq. Ft.)
11,605
Parking Description
Additional Parking, Gravel
Road Description
City Street, Asphalt, Gravel
Lot Description
Cleared, Corner Lot
Is One Story
No
Lot Size in Acres
0.895
Lot Description
Cleared, Corner Lot
Additional Information
Year Built Details
Preowned
Tax Annual Amount
19303.0
Property Type
COM
Exclusions
Metal sign over upper deck
Property SubType
Business
Community Features
Curbs
Year Built
1983
Lot Acres Source
Public Records
Status
Active
Similar Listings
Mortgage Calculator
$3,034
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,342
Monthly Tax
$541
Monthly Insurance
$151
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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