Address
317 W Sam Rayburn Drive, Bonham, TX
Price
$ 1,250,000
Property Attributes
  • MLS#20425390
  • TypeCommercial
  • CountyFANNIN
  • CityBonham
  • NeighborhoodJohn P Simpson Surv Abs # 1018
  • Zip75418
  • StyleBusiness
  • Year Built1883
  • Taxes$ 8123
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.338 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Situated on approximately 2.34 acres just one and a half blocks away from courthouse square in downtown Bonham, this stunning Victorian-style inn and event venue has been a landmark, iconic property in Bonham since 1883. The offering includes the inn which measures approximately 4750 SF and includes a wrap around porch, 7 bedrooms, 8 bathrooms, two 1-bedroom, 1-bath guest cottages, a 1500 SF event pavilion with glass roll-up doors, a red barn constructed in the 1800's of bois d'arc wood, and outdoor gathering spaces. The inn is appointed with period antiques, artwork, and furnishings, the inn suites can accommodate 2 guests each. The adjacent cottages can also accommodate 2 guests per cottage. On-site and street parking. Currently operating as an Air BnB, the property is ideal for use as an inn, bed & breakfast, event venue with accommodations. Local Business zoning, and business purchase negotiable. Buyer to verify all information.

Price History
9/6/2023 Listed $1,250,000

General Features

Heating Natural Gas
Cooling Central Air,Electric
Utilities Cable Available,City Sewer,City Water,Electricity Connected,Individual Gas Meter,Natural Gas Available,Phone Available
Ceiling Height 8 to10 Feet
Possession Negotiable
Roof Composition
Exclusions Personal property and items to be defined.
Year Built 1883
Tenant Pays All Utilities,None
Business Type Bed & Breakfast,Commercial,Other
Unexempt Taxes 8123
Building Use Historical District,Other
Will Subdivide No
Gross Annual Expenses 0.00
Property SubType Business
Subdivision Name John P Simpson Surv Abs # 1018
Zoning Description LB (Local Business)-City of Bonham
County Fannin
Property Type Commercial Sale
Construction Materials Wood,Other
Year Built Details Preowned
Status Active
Directions Located on the south side of W. Sam Rayburn Drive,a half block west of Star Street and east of Poplar Street.
City Bonham
Buyer Agent Compensation 3
Street Name Sam Rayburn
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20425390
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Carpet,Ceramic Tile,Wood
Total Stories 3
Total Units 5
SQFT Gross 4750
Lock Box Type None
Street Suffix Drive

Exterior Features

Lot Size Source Assessor
Parking Features Driveway,Gravel,On Site,On Street,Outside
Lot Size 1 to < 3 Acres
Foundation Bois DArc Post
Lot Size Area 2.3380
Lot Size Units Acres
Building Area Total 4750.00
Lot Size Square Feet 101843.2800
Lot Size Acres 2.3380

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 75418

Price
AVG $640K
$1.25M
Taxes
AVG $3,308
$8,123
Visits
AVG 65
88
Data Provided by Inside Real Estate®
Year Built
AVG 1972
1883
Walkscore
AVG 37
44
Data Provided by Walkscore® not using MLS data