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151 S 5th Street Honey Grove, TX $ 1,000,000
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$ 1,000,000 Get more info
151 S 5th Street
$ 1,000,000
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Share Save

151 S 5th Street

Honey Grove, TX, 75446
$ 1,000,000
Bedrooms-- Baths--

Monthly Estimate*

$ 6,239

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Commercial Property for sale in Honey Grove, TX

for $1,000,000. This building was built in 1983 on a lot size of 2.441.

Welcome to your next big opportunity—an impressive 11,000+ sq ft event venue unlike anything else in the area. Set on nearly 2.5 acres, this property blends rustic farmhouse vibes with industrial character and an elegance that’s ready to shine. With a flexible open layout, the space has already hosted weddings, proms, family reunions, holiday markets, and intimate showers in the cozy front foyer. Whether you're expanding an event business or launching something new, this is the blank canvas you've been looking for. Two attached silos offer one-of-a-kind potential—envision them as a bridal suite, private lounge, or Instagram-worthy bar. A finished concrete drive leads to a large roll-up garage door for seamless vendor access. Inside, tables, chairs, and a wide variety of décor are ready to go. The soaring ceilings and open floor plan allow for creative layouts, lighting, and guest experiences. The possibilities go far beyond events: reimagine the space as a showroom, shared workspace, or even multi-family living. There's plenty of land to build out additional residential units, expand parking, add a commercial kitchen, or develop outdoor event areas. This property hasn’t reached its full potential—but with vision, polish, and the right strategy, it could become the region’s go-to destination. For the right buyer, the opportunity is as expansive as the space itself.

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Commercial Active

Price

$ 1,000,000

Property Type

Commercial

Taxes

$ 19,303

Style

Business

Lot Size

2.441

Year Built

1983

Town/City

Honey Grove

County/Region

Fannin

MLS | Web ID

20996243
Features
General
Heating Central Electric
Cooling Central Air Electric
Utilities Asphalt City Sewer City Water Curbs Electricity Connected Gravel/Rock Individual Water Meter
Ceiling Height More than 20 Feet
Possession Closing/Funding
Roof Metal
Exclusions Metal sign over upper deck
Year Built 1983
Business Type Arts and Entertainment
Business Name The Rails
Property Subtype Business
Subdivision Name T & P Ry Add
Accessibility Features Accessible Approach with Ramp Accessible Bath - Half+Hall Accessible Doors Accessible Entrance
Occupant Type Vacant
County Fannin
Property Type Commercial Sale
Construction Materials Aluminum Siding Brick
Year Built Details Preowned
Status Active
Directions From downtown Honey Grove turn S onto 5th Street. Go through 2 stop signs. After 2nd stop sign you will see the venue in front of you. It is on the corner of 5th and Commerce Streets. There will
City Honey Grove
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional
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Exterior
Lot Features Acreage Cleared Corner Lot
Lot Size Source Public Records
Parking Features Additional Parking Gravel
Lot Size 1 to < 3 Acres
Foundation Slab
Building Area Total 11605.00
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Interior
Flooring Concrete
Total Stories 1
Total Units 1
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Internal Only
Street Number 1 151
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* Excluded Features
List By
Lore Lane

Listing Agent

Hygge Homes And Land

Broker

Affordability Calculator

$7,847
Per Month
80%
20%
0%
Monthly Principal & Interest
$6,239
Monthly Property Taxes
$1,609
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
9/15/2025 $1,000,000 -16.67% Price Down
7/11/2025 $1,200,000 Listed Price

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151 S 5th Street, Honey Grove, TX, 75446 is a Commercial Property for sale at $1,000,000 with a lot size of 2.441. 151 S 5th Street was built in 1983. The property's zip code is 75446 which is in Honey Grove, TX

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