1802 N Center St Bonham, TX 75418

Property Details for 1802 N Center St

Lot size

0.17 lot acres

Property size

1,278 SF

Property type

Commercial real estate

APN

91937

APU

91937

Description

This well-established 1,278 square foot office building in Bonham, Texas, is available for sale or lease. Situated on a 0.17-acre lot, the property boasts ample parking, easily accessible from a hard corner location. The building features three private offices, a fourth reception area, and two bathrooms, including one handicap-accessible restroom. Both front and side entrances provide convenient access. The large lot offers significant potential for expansion, either by adding to the existing structure or constructing a new building. The property is conveniently located just blocks from downtown Bonham square, within a mile of US Highway 82, and within a 30-minute drive of Sherman, Paris, Van Alstyne, and McKinney. Nearby amenities include retail, dining, and medical services. The building will be vacant by early October 2024. The asking price is $275,000. Lease options are also available at $1650 per month with a $1000 security deposit, subject to credit approval. Negotiations regarding office furnishings are possible for both lease and purchase scenarios. The tenant is responsible for all utilities. The existing phone system will remain with the property. All information should be independently verified by the buyer. This presents a unique opportunity to acquire established office space in a rapidly growing area.