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Two-Building Flex Property
New
For Sale
$200,000

223 W 2nd Street, Bonham, TX 75418

CommercialSale, Bonham, TX

Property Size3,600 SF
Lot Size0.57 Acres
Price / SF$55.56
Days on Market2

Property Features for 223 W 2nd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Driveway
Directions Head south toward downtown. Turn right onto W Sam Rayburn Dr (Hwy 56). Turn left onto Star St. Continue to W 2nd St-223 W 2nd St is the shop at the corner of 2nd and Star.
Standard status Active
APN 000000083573
Lot size 0.57 Acres

Taxes and HOA fees

Tax Description A1018 J P SIMPSON, ACRES .5705
Tax Annual Amount 3680
Legal Description A1018 J P SIMPSON, ACRES .5705

Utilities

Sewer type Public Sewer
Cooling system Wall Unit(s)
Water source Public

Amenities

central heat and air
compressed air
hoist locations
pallet racks
utility sink
shower
washer and dryer connections
office areas

Building Details

Year built 1985
Floors in Building 1
Number of units 2
Flooring type Concrete
Building materials AluminumSiding, Concrete
Roof type Metal, Shingle
Listing Agency: Hygge Homes and Land
Listed By: Jacey Shrum
Added: Oct 16 Changed: Oct 17 Last Checked: Oct 17 at 8:06PM
MLS# 21411931

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.

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Investment Insights

Based on property information with market context.

This Bonham flex property comprises two buildings on a single parcel. The front structure measures 30 x 40 feet and has a 12-foot ceiling, one 12-foot-wide by 10-foot-tall overhead door, central heat and air, and a bathroom. Its haydite block walls and 12-inch concrete floor are complemented by compressed-air plumbing and two locations for chain hoists. Three-phase electric service provides 240 and 208 voltage.

The rear red-iron metal building measures 40 x 60 feet, with a 12-foot ceiling, standard concrete slab, and two overhead doors, each 12 feet wide and 12 feet tall. Interior features include pallet racks with capacity for 24 pallets, two heated and cooled office areas, a restroom, utility sink, shower, and washer and dryer connections. It also has three-phase electric service with 240 and 208 voltage available. Each building has a separate electric meter; the property has one water meter.

Key Highlights

  • Two buildings: 30 x 40 feet in front and 40 x 60 feet at the rear
  • Front structure has a 12‑inch‑thick concrete floor and two chain‑hoist locations
  • Rear building has two overhead doors, each 12 feet wide and 12 feet tall

Property Analytics

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Current Use

Allen Machine & Tool Industrial Manufacturer

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Garden Center Hair Salon Storage Facility Cafe & Coffee Shop

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

12 ft
Clear height
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

442
Businesses Nearby
Under-served
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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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Separate structures offer conditioned work areas, overhead access, office space, and three-phase power.
Where is this flex space located?
The property is located at 223 W 2nd Street Bonham, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two buildings: 30 x 40 feet in front and 40 x 60 feet at the rear; Front structure has a 12‑inch‑thick concrete floor and two chain‑hoist locations; Rear building has two overhead doors, each 12 feet wide and 12 feet tall
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