Listed price in listed location currency (USD).
$300,000

000

MLS® 21400515

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size 21064 sqft
Garage 
Taxes $17,794
Days Active 11
Lot Size 1.612 Acres
Approx. Age 1970
Avg. Price Per Sqft $14
MLS® Number 21400515

Property Address: 1601 Kennedy St, Bonham, TX, 75418-2568

Average square foot calculated using Size range provided by listing agent.

Description

Owner-financed value-add in a Bonham Opportunity Zone. Former nursing home with more than 21, 000 square feet under roof on 1.6 acres in a quiet residential part of town. Sold as-is. Substantial remodeling is required. Interior demolition has been started and is not finished. The slab and structure appear sound. Buyers should verify with their own inspection. A fire suppression and detection system is in place, often a major cost in a building of this type. The layout already has private rooms, corridors, a nurses’ station, dining, and a med room. Possible uses, subject to zoning, licensing, and buyer due diligence, include assisted living or memory care, residential treatment or behavioral health, and disability group housing. Confirm Opportunity Zone tract status before relying on any tax benefit. Owner financing will require at least 20 percent down payment. NOTE! Year built is not available through tax records and 1970 is strictly an estimate.
MLS® Number21400515
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1970
Basement
DrivewayAsphalt, Outside, Paved, Parking Lot
Garage Spaces
HeatCentral, Natural Gas, Other
A/CCentral Air, Multi Units, Other, Zoned

Extras

Land & Improvements

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 2, 2026List Date
$300,000List Price
  • Commute

Commute

Starting Address
Destination Address
1601 Kennedy St, Bonham, TX

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