116 Center St Bonham, TX 75418
This exceptional 7,500 square foot industrial property, situated on two acres of land in Bonham, Texas, presents a remarkable investment opportunity. Previously utilized as a paint and body repair shop, the building boasts significant potential for diverse commercial applications. Its prime location on a major highway ensures high visibility and accessibility, attracting a large volume of daily traffic. The main structure features concrete floors, multiple levels, and several well-appointed office spaces, complemented by a convenient bathroom. Multiple bays, each equipped with large exterior shop doors, offer ample space for various operations, with one bay providing fully enclosed functionality. The property is further enhanced by the presence of numerous multifunctional covered outbuildings and barns, providing versatile storage and workspace options. The building is equipped with numerous 220-volt outlets, catering to the needs of heavy machinery and tools. Security is ensured by gated entrances on both sides of the property, providing controlled access. This two-acre lot offers significant expansion possibilities and ample parking. The combination of size, location, and features makes this property an ideal choice for businesses seeking a substantial and versatile industrial space. The asking price is $250,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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