417 N Main St
Bonham, TX 75418
Retail Property For Sale

The subject property is a well designed office floorplan but offers a strong retail potrntial too. The condition is good and fresh. Multiple room and areas offer many interior floorplan uses for a multiple business office, retail and even speciality use as designed. The property is being sold as a single ground floor opportunity. The location in downtown Bonham is very exciting and parking space availability is very good. There is rear property access also. The sellers occupied the property for their medical office. The ground floor does offer 2,730 sf of space per Tax Data. The property includes an unfinished second floor offering significant expansion potential for additional office, storage, retail, or other commercial ses (subject to zoning and building codes). This rough/shell space is currently unfinished, lacks stairwell access, and is not included in the building’s reported rentable or usable square footage. The 2nd floor area is not apart of the assessed tax value. Fannin County and especially Bonham is growing along with most of the North Texas area markets. The Cap Rate and Estimated NOI is proposed based on Market Rates. The building floorplan is the most updated and attractive location on the Historic Bonham Square.