108 E Sam Rayburn Dr
Bonham, TX 75418
108 E. Sam Rayburn Dr · Office Property For Sale

Updated office building features approximately 1400 sq ft of office or retail space on the first floor, including a small storage area and bathroom. An additional 1400 sq ft of storage space located on second floor. New A/C installed May 2014, New gas furnace installed in January 2014. Carpet flooring downstairs, wood upstairs, metal roof. Second floor has electricity only; no water, heating or cooling. Heritage District Buildings will require a Certificate of Appropriateness for Building permits. Property owners in the Heritage District could qualify for Bonham Economic Development Corporation (BEDCO) programs, "Save Our Structure" a matching grant to assist small businesses for structural repairs, appropriate business signage, or facade improvements or the BEDCO "Lo Loan" initiative in association with USDA Rural Development program. Located on the downtown square and in the heritage district of historic Bonham, TX, this 1870's building is across the street from the Fannin County courthouse, which is currently being renovated back to it's original 1888 style and grandeur. City and County officials anticipate that this renovation will lead to the restoration and revitalization of the downtown area and should bring about an upturn in interest in downtown Bonham as a retail and office center. Bonham is centrally located in the Northeastern part of the state and is a one hour drive to Downtown Dallas, a 30 minute commute to McKinney. Melissa, Anna and Sherman-Denison, and 12 miles south of the Red River and the state line with Oklahoma. Dallas and its suburbs have had some of the greatest population growth in the country, and over the past twenty years there has been an undeniable northern expansion of this population growth. Officials feel that it is inevitable that Bonham will be a part of this growth.