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Nursing Home with Fire Suppression
New
For Sale
$300,000

1601 Kennedy Street, Bonham, TX 75418

CommercialSale, Bonham, TX

Property Size21,064 SF
Lot Size1.61 Acres
Price / SF$14.24
Days on Market2

Property Features for 1601 Kennedy Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Multifamily Residential, Higher Density
Parking features Parking Lot
Accessibility Accessible Approach with Ramp
Subdivision H Burkhardt Surv Abs # 112
Lot features Landscaped, Level, Many Trees, Sloped
Directions From SH 121 business in Bonham travel to War Path Drive and travel to Albert Broadfoot and turn left. Go to Lee St. and turn right then right on Kennedy. Property is the corner lot to your right. Chain link fence around property and sign on fence..
Standard status Active
APN 000000071300
Size 21,064 SF
Lot size 1.61 Acres

Taxes and HOA fees

Tax Description A0112 H BURKHARDT, ACRES 1.612
Tax Annual Amount 17794
Legal Description A0112 H BURKHARDT, ACRES 1.612

Utilities

Sewer type Public Sewer
Heating system Central, Natural Gas
Cooling system Central Air, Zoned, Multi Units
Water source Public

Building Details

Year built 1970
Floors in Building 1
Number of units 1
Flooring type Tile
Building materials Brick
Roof type Asphalt, Shingle
Listing Agency: RE/MAX DFW Associates · RE/MAX International
Listed By: David Cullar · License #0438726
Added: Oct 2 Last Checked: Oct 3 at 6:06AM
MLS# 21400515

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 21,064-square-foot former nursing home occupies 1.612 acres and is offered in as-is condition. Interior demolition has begun but remains incomplete, and substantial renovation is needed. The existing plan includes private rooms, corridors, a nurses’ station, dining space, and a medication room. Fire suppression and detection systems are in place; the slab and structure appear sound, subject to buyer inspection.

The brick building has a parking lot, a ramped accessible approach, central heating and air conditioning, and public water and sewer. Its prior care-facility configuration may support other healthcare or residential care uses, subject to zoning, licensing, and buyer due diligence.

Key Highlights

  • 21,064 square feet on 1.612 acres
  • Existing plan includes private rooms, corridors, a nurses’ station, dining, and a medication room
  • Fire suppression and detection systems are in place

Property Analytics

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Current Use

Nursing homes

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Building Supply Hair Salon Real Estate Agency Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby
Balanced
Demand for This Use

Demographics for 75418, TX

14,775
Population
5,704
Households
2.6
Avg Household Size
41
Median Age
19%
College-Educated
86%
High-School Grad
140.8 sq mi
ZIP Area
105
Density / Sq Mi
$61,265
Median Household Income
$37,944
Median Earnings
$1,040
Median Rent
$207,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby

  • Hoffman Mraz Care Home — 1405 Cedar St, Bonham, TX 75418
  • Wesley House — 1200 W Russell Ave, Bonham, TX 75418

Frequently Asked Questions

What type of property is this?
Nursing home - A 21,064-square-foot former care facility on 1.612 acres has a partially demolished interior and requires substantial remodeling.
Where is this nursing home located?
The property is located at 1601 Kennedy Street Bonham, TX.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 21,064 square feet on 1.612 acres; Existing plan includes private rooms, corridors, a nurses’ station, dining, and a medication room; Fire suppression and detection systems are in place
More about this property
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