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Investment Highlights

  • Located within Smithville’s Commercial Historic District and zoned CBD, allowing diverse permitted uses.
  • Single-story historic building constructed in 1910 with unique architectural character.
  • Central Air and Heating installed with approximately four on-site parking spots, supporting operational ease.
  • Former Honey’s Diner, featured in the movie Hope Floats, creating strong branding and cultural value.
  • Positioned next to the historic Pines Hotel, offering coordinated redevelopment potential.
  • Walkable to nearby food, retail, and service establishments, enhancing customer and employee convenience.

Executive Summary

This historic commercial building located at 109 NE 2nd Street captures the essence of Smithville’s charm while offering a rare redevelopment opportunity in the heart of the city’s Commercial Historic District. Zoned Central Business District (CBD), the property provides flexibility for a wide range of potential uses, including restaurant, retail, or creative commercial adaptation.
Formerly known as Honey’s Diner and featured in the acclaimed movie Hope Floats, this location brings unique cultural appeal combined with a rich history. Positioned adjacent to the iconic Pines Hotel, the property allows investors and developers to explore multi-building redevelopment concepts that capitalize on Smithville’s growing visitor and community traffic. Concept design plans for the hotel are available upon request, further supporting a visionary mixed-use or hospitality-driven transformation.
The building’s single-story layout and historical architecture provide a foundation for enhancements that can reflect the thriving atmosphere of downtown Smithville. With proximity to major highways including Hwy 71, easy local traffic connectivity, and walkable community amenities such as boutique shops, cafés, and lifestyle destinations, this investment offers the potential to create a standout destination in one of Texas’s most character-rich towns.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,500 SF
Building Class
C
Year Built
1926
Price
$400,000
Price Per SF
$266.67
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.13 AC
Zoning
C-1 - Commercial

Amenities

  • Corner Lot
  • Courtyard
  • Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Nearby Major Retailers

Anytime Fitness
Prosperity Bank
Brookshire Brothers

Property Taxes

Property Taxes

Parcel Number
19646
Land Assessment
$53,099
Improvements Assessment
$180,868
Total Assessment
$233,967
  • Listing ID: 41047186

  • Date on Market: 6/24/2026

  • Last Updated:

  • Address: 109 NE 2nd St, Smithville, TX 78957

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