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    1604 N Center St Bonham, TX 75418

    For Sale
    $438,000

    Business - Bonham, TX

    Type:Business
    Lot size:
    2.06 Acres
    Days on Market:
    55
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 1604 N Center St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    000000071394
    Parking features
    Carport, Driveway
    Lot size
    2.06 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1935
    Flooring type
    Tile, Tile - Ceramic, Wood
    Building materials
    Frame, Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    Paragon Realtors (903) 893-8174

    Listing agent Megan Towery (903) 893-8174 License #0645852

    Listing date Oct 13, 2025

    MLS# 21086017 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bonham Mixed-Use Development Opportunity

    This property presents a rare opportunity to own 2.056 acres in downtown Bonham. It features a 2,400 sq ft metal shop and a 3-bed, 2-bath frame home constructed in 1935. Currently used as a residential property, it is located within a commercial zone, making it suitable for conversion to a business location, office, or mixed-use development. The property provides ample space for parking or future expansion and offers excellent visibility in a high-traffic area. An additional 10.889 acres adjoining the property is also available for purchase, creating an investment or development opportunity in a central location in Bonham.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bonham
    County
    Fannin
    State
    Texas
    Longitude
    -96.176627
    Latitude
    33.589143

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    FAQs

    What type of property is this?
    Mixed-use property - Two-acre commercial property with shop and home in Bonham, TX.
    Where is this mixed-use property located?
    The property is located at 1604 N Center St Bonham, TX.
    What is the asking price?
    The asking price for this property is $438,000.
    What are key features of this property?
    This property features: - Prime commercial zoning in downtown Bonham, ideal for business, office, or mixed-use development.; - Rare 2-acre property in a central, high-traffic location with excellent visibility.; - Includes a 2,400 sq ft metal shop, ideal for business operations or storage.
    (903) 893-8174
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    1604 N Center St Bonham, TX 75418
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    Bonham, TX 75418
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1604 N Center St Bonham, TX 75418
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