151 S 5th Street, Honey Grove, TX

$1,000,000

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2.44

Acres

About 151 S 5th Street

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.

Features of 151 S 5th Street

MLS® # 20996243
Price $1,000,000
Bathrooms 0.00
Acres 2.44
Year Built 1983
Type Commercial Sale
Sub-Type Business
Status Active

Community Information

Address 151 S 5th Street
Subdivision T & P Ry Add
City Honey Grove
County Fannin
State TX
Zip Code 75446

Amenities

Utilities Asphalt, City Sewer, City Water, Curbs, Electricity Connected, Gravel/Rock, Individual Water Meter
Garages Additional Parking, Gravel
Is Waterfront No
Has Pool No

Interior

Heating Central, Electric
Fireplace No
# of Stories 1
Stories 1

Exterior

Lot Description Acreage, Cleared, Corner Lot
Roof Metal
Construction Aluminum Siding, Brick
Foundation Slab

Additional Information

Zoning Commercial and Residential

Listing Details

AgentLore Lane
OfficeHygge Homes and Land

Listing Map

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