Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Two-Building Retail and Warehouse Property Title is generated by Realmo AI

    104 E Main Street, Honey Grove, TX 75446

    View on Map
    Claim this Listing
    New
    For Sale
    $500,000

    Two historic buildings offer an open retail showroom plus a back workspace with street-level overhead access.

    Type:Commercial
    Property size:
    9,500 SF
    Price / SF:
    $52/SF
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 2:38 am

    Property Features for 104 E Main Street

    General Information

    Standard status
    Active
    Size
    9,500 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    JAMES SIMPSON

    Listing agent JAMES SIMPSON License #0467533

    Listing office Weichert Realtors-Solid Ground

    Listing date Jun 3, 2026

    Source Signaturere

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Weichert Realtors-Solid Ground

    HighLights

    • Two historical buildings in Honey Grove, Texas included in the sale
    • Western store currently in operation in the first building with a large open showroom
    • First building includes a large warehouse/workspace at the back with street‑level access and an overhead door
    • Second corner building needs some TLC and includes an old elevator
    • Second building includes a second‑floor history as a bar; downstairs has a dirt floor

    Overview

    This offering includes two historic buildings sold together at 104 E Main Street. The first building is currently fully functioning as a Western store, with a large, open showroom designed for flexible merchandising and display. In addition to the main retail area, it includes a sizable warehouse or workspace at the rear, with access to the outside street through an overhead door.

    The second, corner building is included with the purchase and is described as needing some TLC. Interior features include an old elevator. The second floor is described as having previously been an old bar, while the downstairs level has a dirt floor that is noted as likely having been wood in earlier years.

    For tenants or buyers, the combination provides multiple redevelopment paths depending on desired use. The front building’s ready-to-operate retail configuration can support businesses that benefit from an open showroom, while the rear area’s external overhead access is useful for warehousing, storage, or service-oriented operations requiring direct loading. The second building’s condition and historic layout make it better suited for an operator or investor prepared to renovate, with the potential to reconfigure the upper and lower levels for compatible commercial uses.
    Location Intelligence

    Current Use by Public Records

    Honey Bees Donuts Bakery

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Honey Grove
    County
    Fannin
    State
    Texas
    Longitude
    -95.910056
    Latitude
    33.583205

    Nearby Similar for Sale

    • $500,000

      Historic Retail and Bar Building

      Two historical buildings offered together, including a functioning western store with rear warehouse access via overhead door.
      104 E Main Street, Honey Grove, TX 75446
      View Details
    • $650,000

      Event Venue with Roll-Up Garage

      Flexible event space with soaring ceilings, attached silos, and vendor-friendly drive access via a roll-up garage door.
      151 S 5th Street, Honey Grove, TX 75446
      View Details
    • $210,000

      Vacant Restaurant with Highway Exposure

      Vacant building formerly a Mexican restaurant, with remaining tables and furnishings, positioned for steady lake-bound traffic.
      1502 W Main St, Honey Grove, TX 75446
      View Details
    • $389,500
      1,400 SF

      Honey Grove Farm/Estate For Sale

      14.5-acre farm with home, ponds, and outbuildings in Honey Grove.
      4411 FM 100, Honey Grove, TX 75446
      View Details
    • $650,000
      11,065 SF

      Versatile Event Venue Opportunity

      Impressive 11,000+ sq ft event venue with flexible layout.
      151 S 5th Street, Honey Grove, TX 75446
      View Details
    • $99,900
      2,100 SF

      Commercial Property Near Bois d'Arc

      Commercial property near Bois d'Arc Lake, ideal for various businesses.
      8196 Fm 100, Honey Grove, TX 75446
      View Details
    • $875,000
      3,500 SF

      53+ Acre Ranch in Texas

      Spacious ranch with barndominium, outbuildings, and recreational opportunities.
      2000 County Road 2420, Honey Grove, TX 75446
      View Details
    • $297,500

      Specialty Commercial Property

      Specialty commercial property in Fannin County, offered for sale with a clear agent-assisted location pin.
      1700 CR 2770, Honey Grove, TX 75446
      View Details
    • $99,900

      Former Church on FM 100

      Former church property located 6.5 miles north of Bonham.
      8196 FM 100, Honey Grove, TX 75446
      View Details

    FAQs

    What type of property is this?
    Flex space - Two historic buildings offer an open retail showroom plus a back workspace with street-level overhead access.
    Where is this flex space located?
    The property is located at 104 E Main Street Honey Grove, TX.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Two historical buildings in Honey Grove, Texas included in the sale; Western store currently in operation in the first building with a large open showroom; First building includes a large warehouse/workspace at the back with street‑level access and an overhead door
    (903) 640-3014
    We can help!
    Listing Contact
    JAMES SIMPSON
    Real Estate License ID: 0467533
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    104 E Main Street, Honey Grove, TX 75446
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!