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119 E 5th St 5,000 SF Retail Building Bonham, TX 75418 $1,179,552 CAD ($235.91 CAD/SF)
INVESTMENT HIGHLIGHTS
- One of the best downtown views and the ONLY building that has an open lot next door that can be used for outdoor seating, live music, etc.
EXECUTIVE SUMMARY
Two-story building for sale in downtown Bonham, TX. Prime location on the square with the best view of the courthouse and downtown events.
Downstairs is fully equipped with Kitchen, Washroom, Dining Area, Custom Bar, Two Restrooms, High Ceilings, Brick Walls, and a brand new HVAC System.
Upstairs is a 2-Bedroom, 2-Bath Loft with High Ceilings, floor-to-ceiling Glass Office, walk-in Pantry, Bar, Kitchen Island with built-in Wine Fridge, Gas Stove and overhead Exhaust, new Granite Counters, all new Cabinets, new Double-stacked Stove, new designer Refrigerator with large pullout Freezer below, new Dishwasher, new Washer & Dryer, and Tankless Water Heater. Walk-in Master Granite Shower. Larger Master Bedroom with Walk-in Closet. Loft comes fully furnished with Couches, TV, Dining Table, Bed, and various Antiques, including a Cabinet with lots of China dishes.
Approx. 5,000 sq. ft. (total combined space, upstairs and downstairs)
RESTAURANT EQUIPMENT INCLUDED:
Grease Trap (100 gallon)
(2) 4’ Exhaust Hoods (8' total span)
Commercial Espresso Machine
Coffee Bean Grinder
True 52” Chef’s Base
Vulcan Convection Oven (gas)
True Cold Prep Station
True Back Bar Cooler
True Glass Chiller 50”
True Beer Keg Dispenser (6 Taps)
Flat Top Griddle (gas)
Convertible Reach-In Fridge/Freezer
Large Reach-In Fridge
Large Reach-In Freezer
Gas Stove
Beverage Fridge
Standard Fridge
Ice Machine
Ice Water Filter
6’ 3-Compartment Sink - Bar
10’ 3-Compartment Sink - Washroom
Bunn Coffee Maker
Steel Ice Chest (mobile)
Dual Deep Fryer
3-Section Bain Marie
(2) Under Sink Filters
36” Food Warmer
Tables, Chairs, Booths
Shelving
Fully stocked with Plates, Cups, Glasses, Mugs, Silverware, etc.
BONUS: There’s an empty lot next to the building that can be rented for outdoor seating expansion. It’s the only restaurant on the square with this potential.
Upstairs Loft is currently being rented for $1,200/month. (mont-to-month)
Downstairs Restaurant was grossing $20k - $30k/month with being open limited days/hours. It is currently being rented at $2,750/month to a Cafe.
LOTS of potential for someone who wants to own their own restaurant, bar, bakery, cafe, deli, coffee shop/lounge, events (it's turn key!), or keep it as an investment and enjoy the rental income. (it pretty much pays for itself)
Downstairs is fully equipped with Kitchen, Washroom, Dining Area, Custom Bar, Two Restrooms, High Ceilings, Brick Walls, and a brand new HVAC System.
Upstairs is a 2-Bedroom, 2-Bath Loft with High Ceilings, floor-to-ceiling Glass Office, walk-in Pantry, Bar, Kitchen Island with built-in Wine Fridge, Gas Stove and overhead Exhaust, new Granite Counters, all new Cabinets, new Double-stacked Stove, new designer Refrigerator with large pullout Freezer below, new Dishwasher, new Washer & Dryer, and Tankless Water Heater. Walk-in Master Granite Shower. Larger Master Bedroom with Walk-in Closet. Loft comes fully furnished with Couches, TV, Dining Table, Bed, and various Antiques, including a Cabinet with lots of China dishes.
Approx. 5,000 sq. ft. (total combined space, upstairs and downstairs)
RESTAURANT EQUIPMENT INCLUDED:
Grease Trap (100 gallon)
(2) 4’ Exhaust Hoods (8' total span)
Commercial Espresso Machine
Coffee Bean Grinder
True 52” Chef’s Base
Vulcan Convection Oven (gas)
True Cold Prep Station
True Back Bar Cooler
True Glass Chiller 50”
True Beer Keg Dispenser (6 Taps)
Flat Top Griddle (gas)
Convertible Reach-In Fridge/Freezer
Large Reach-In Fridge
Large Reach-In Freezer
Gas Stove
Beverage Fridge
Standard Fridge
Ice Machine
Ice Water Filter
6’ 3-Compartment Sink - Bar
10’ 3-Compartment Sink - Washroom
Bunn Coffee Maker
Steel Ice Chest (mobile)
Dual Deep Fryer
3-Section Bain Marie
(2) Under Sink Filters
36” Food Warmer
Tables, Chairs, Booths
Shelving
Fully stocked with Plates, Cups, Glasses, Mugs, Silverware, etc.
BONUS: There’s an empty lot next to the building that can be rented for outdoor seating expansion. It’s the only restaurant on the square with this potential.
Upstairs Loft is currently being rented for $1,200/month. (mont-to-month)
Downstairs Restaurant was grossing $20k - $30k/month with being open limited days/hours. It is currently being rented at $2,750/month to a Cafe.
LOTS of potential for someone who wants to own their own restaurant, bar, bakery, cafe, deli, coffee shop/lounge, events (it's turn key!), or keep it as an investment and enjoy the rental income. (it pretty much pays for itself)
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
C
Year Built
1956
Price
$1,179,552 CAD
Price Per SF
$235.91 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.48
Lot Size
0.08 AC
Zoning
F1 - Commercial
Frontage
31’ on E 5th St
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 93644 | Improvements Assessment | $553,545 CAD |
| Land Assessment | $40,260 CAD | Total Assessment | $593,805 CAD |
PROPERTY TAXES
Parcel Number
93644
Land Assessment
$40,260 CAD
Improvements Assessment
$553,545 CAD
Total Assessment
$593,805 CAD
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Presented by
Coral Investment Holdings, LLC
119 E 5th St
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