151 S 5TH STREET, HONEY GROVE, TX 75446

Homes for sale in Honey Grove.

Homes for sale in 75446.


Active

List Price$650,000

151 S 5th Street

Honey Grove, TX 75446

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #20996243

11,605

Square Feet

1

Number of Units

Commercial

Type

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

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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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