1502 W Main - Retail FOR SALE


Honey Grove, TX 75446
$300,000 USD
903-517-7143
1502 W Main, Honey Grove, TX for Sale
$300,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

NEW


1502 W Main
Honey Grove, TX 75446


HIGHLIGHTS

  • Heavy traffic
  • On the way to the new Lake Ralph Hall that is being constructed

OVERVIEW

Once known as the beloved Doc’s Corner, this property holds decades of small-town memories. It was the place where local farmers gathered before sunrise for coffee and conversation, where families met after ballgames, and where kids grabbed hamburgers and chicken fried steak after school. The stories are still here—now it’s ready for its next chapter. Most recently operated as a Mexican restaurant, the building is currently vacant and ready for revitalization. The kitchen appliances have been removed, but several tables and select furnishings remain, offering a starting point for a new owner with vision. With some care and creativity, this space could once again become a community gathering spot. Strategically located along the highway leading to the future Lake Ralph Hall, the property offers excellent potential for both nostalgic revival and forward-thinking investment. As lake traffic increases, consider the possibilities: a hometown café, breakfast spot, bait and tackle shop, sandwich stop for lakegoers, or even a local farm-to-table market. The location positions you to serve both longtime residents and new visitors to the area. Opportunities like this are rare—where history, highway frontage, and future growth intersect. The owners are motivated and open to working with buyers to bring new life to this well-known location. Building is also available for lease.

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bar, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

General Retail

APN/PARCEL ID

74918

ASK ABOUT THIS PROPERTY

Lore LaneHygge Homes and LandMore Info
903-517-7143

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Lore LaneHygge Homes and LandMore Info
903-517-7143

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.