Facebook X-twitter Youtube Instagram Linkedin Google

1503 N Center Street, Bonham, TX 75418

  • $550,000
Active
1503 N Center Street , NO, Bonham, 1503 N Center Street, Bonham, TX 75418
25 More
  • Office, Commercial Sale
  • Property Type
  • 1658
  • sqft
  • 0.369
  • Lot sqft
  • 1950
  • Year Built
Active
1503 N Center Street, Bonham, TX 75418
1503 N Center Street , NO, Bonham, 1503 N Center Street, Bonham, TX 75418
  • $550,000

Description

Fully Leased commercial Building. Leased to State of Texas- Texas Family Initiative for monthly rent of $3600 unit nov 30 -2028 with every year $100 increse in rent . Cap Rate of 6.5. Utilities and maintenance on actuals paid directly by tenant. Repairs to be paid by tenant unless structural.
Rent clause image from lease agreement. Owner Pays Annual Taxes of $6100 -Year & Insurance -$2600 per Year
Fully Reconstructed in 2023 -Independent freestanding building:
New HVAC Systems & duct work 2023 – 10-Year warranty;New Commercial Electrical wiring systems-2023
New Plumbing and ADA restrooms-2023;New Foam insulation-2023;New doors, trims and windows-2023
New Flooring, Painting, door knobs and other finish items-2023;New concrete, sidewalks, parking per approved site plan;New Landscaping

Address

Open on Google Maps
  • Address 1503 N Center Street
  • City Bonham
  • State/county TX
  • Zip/Postal Code 75418
  • Area NO

Details

Updated on December 20, 2024 at 5:39 pm
  • Price: $550,000
  • Property Size: 1658 sqft
  • Land Area: 0.369 sqft
  • Garage Size: x x
  • Year Built: 1950
  • Property Type: Office, Commercial Sale
  • Property Status: Active
  • MLS#: 20794225

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

360° Virtual Tour

All information is deemed reliable but not guaranteed. Equal Opportunity Housing Provider. Each office is independently owned and operated.

Compare listings

Compare
Oberon94
  • Oberon94