1601 Kennedy Street, Bonham, TX 75418
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1601 Kennedy Street, Bonham, TX 75418
1601 Kennedy Street, Bonham, TX 75418
1601 Kennedy Street, Bonham, TX 75418
1601 Kennedy Street, Bonham, TX 75418
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Sheri Mosier

Sheri Mosier

+1(817) 879-9309
$ 300,000
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1601 Kennedy Street Bonham, TX 75418

21,064 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 21,064 sqft

Subdivision H Burkhardt Surv Abs # 112

MLS Listing ID 21400515

Total Fin. Sqft 21064

Year Built 1970

Annual Tax Amount $17,794

Lot Size 1.612 Acres

Acres 1.612

Property Sub-Type Business

Property 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.

Location

State TX

County Fannin

Zoning Multifamily Residential, Higher Density

Direction From SH 121 business in Bonham travel to War Path Drive and travel to Albert Broadfoot and turn left. Go to Lee St. and turn right then right on Kennedy. Property is the corner lot to your right. Chain link fence around property and sign on fence..

Interior

Heating Central, Natural Gas, Other

Cooling Central Air, Multi Units, Zoned, Other

Flooring Tile

Heat Source Central, Natural Gas, Other

Exterior

Utilities Available All Weather Road, Asphalt, Cable Available, City Sewer, City Water, Electricity Connected, Master Gas Meter, Master Water Meter, Natural Gas Available

Roof Type Asphalt,Shingle

Accessibility Accessible Approach with Ramp, Accessible Bath - Full, Accessible Bedroom, Accessible Doors, Accessible Entrance, Accessible Grip, Accessible Hallway(s), Meets ADA Requirements

Garage No

Building

Lot Description Landscaped, Level, Many Trees, Sloped, Varied

Foundation Slab

Structure Type Brick

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, Owner Will Carry

Listing Terms 1031 Exchange, Cash, Conventional, Owner Will Carry

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21400515

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by David Cullar • RE/MAX DFW Associates

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Sheri Mosier

Sheri Mosier

Broker Associate License ID: 0654760

+1(817) 879-9309

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1601 Kennedy Street