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$225,000

  • For Sale
  • Active
  • Business
  • 5,000 Sq. Ft.
  • 0.061 Acres
See This Home
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Are you in search of a commercial building in the fast growing downtown area of Bonham, TX? This property, situated on Main Street, offers significant potential. It encompasses two stories, with 2500 sq ft on each floor. The building functions as a restaurant, utilizing only the lower level. The range of possibilities for this property is extensive.

Full Property Details for 318 N Main St

General

  • Price: $225,000
  • Taxes: $4,982
  • Status: Active
  • Type: Business
  • Source: NTREIS
  • MLS ID: 20634387
  • Updated: 5/27/2026
  • Added to Site: 767 day(s) ago

Business

  • Business Type: Restaurant

Interior

  • Flooring: Concrete

Parking

  • Parking Features: Parking Lot, On Street

Location

  • County: Fannin
  • Subdivision: Simpson Donation
  • Driving Directions: From Main Street and Highway 56, go South on the main, past the pharmacy building on the left.

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Sewer Available, Water Available

Structural Information

  • Detached/Attached: Detached
  • Construction: Brick
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 5,000
  • Sq. Ft. Source: Public Records
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.061
  • Lot Size (Sq. Ft.): 2,657.16
  • Lot Size Source: Public Records
  • Potential Use: Restaurant
  • Zoning: Commercial

Financial Considerations

  • Tax Amount: $4,982
  • Tenant Pays: All Utilities

Disclosures and Reports

  • Legal Description: SIMPSON DONATION, BLOCK 11, LOT 16, ACRES .06
  • Inclusions: Building Only, Land & Improvements
  • Property ID: 93706
  • Block: 11
  • Lot Number: 16

Listed by Weichert Realtors-Solid Ground, Ryan Titsworth

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Listing agent

— 318 N Main St —

  • Ryan Titsworth

    Weichert Realtors-Solid Ground

903-227-7933

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 318 N Main St

School District:Bonham Independent School District
NameGradesDistance
Evans Elementary School
1300 North Main Street, Bonham, TX 75418
4-60.7 mi
Finley-Oates Elementary School
1901 Albert Broadfoot Street, Bonham, TX 75418
K-31.3 mi
Rather L High School
1201 North Main Street, Bonham, TX 75418
7-80.6 mi
Bonham High School
1002 Warpath Drive, Bonham, TX 75418
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 318 N Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/08/2025
Price Reduced
$225,000
-21.05%
MLS
6/04/2025
Price Reduced
$285,000
-10.91%
MLS
5/12/2025
Price Reduced
$319,900
-8.57%
MLS
4/16/2025
Price Reduced
$349,900
-10.28%
MLS
2/07/2025
Price Reduced
$390,000
-6.02%
MLS
6/06/2024
Listed
$415,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 318 N Main St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,068
-14%
$261,270
-25%
2024
$5,881
41%
$349,340
38%
2018
$4,164
—
$252,660
-1%
2018
$4,164
—
$254,550
43%
2018
$4,164
—
$177,720
38%
2018
$4,164
—
$128,700
-27%
2018
$4,164
—
$177,020
13%
2018
$4,164
100%
$156,690
21%
2014
100%
$129,810
4%
2014
—
$125,130
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 318 N Main St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Weichert Realtors-Solid Ground, Ryan Titsworth

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318 N Main Street, Bonham, TX 75418 (MLS# 20634387) is a Business property. 318 N Main Street is currently listed for $225,000 and was received on June 06, 2024. Want to learn more about 318 N Main Street? Do you have questions about finding other Business real estate for sale in Bonham? You can browse all Bonham real estate or contact a Coldwell Banker agent to request more information.

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