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Mixed-Use Land for Sale in Honey Grove, Texas

151 S 5th St, Honey Grove, TX 75446

$1,000,000
2.44 acres
Active
$200k drop
Est $8,184/mo

Welcome to your next big opportunity--an impressive 11,000+ sq ft event venue unlike anything else in the area. Set on nearly 2.5 acres, this property blends rustic farmhouse vibes with industrial character and an elegance that's ready to shine.

With a flexible open layout, the space has already hosted weddings, proms, family reunions, holiday markets, and intimate showers in the cozy front foyer. Whether you're expanding an event business or launching something new, this is the blank canvas you've been looking for.

Two attached silos offer one-of-a-kind potential--envision them as a bridal suite, private lounge, or Instagram-worthy bar. A finished concrete drive leads to a large roll-up garage door for seamless vendor access. Inside, tables, chairs, and a wide variety of decor are ready to go. The soaring ceilings and open floor plan allow for creative layouts, lighting, and guest experiences.

The possibilities go far beyond events: reimagine the space as a showroom, shared workspace, or even multi-family living. There's plenty of land to build out additional residential units, expand parking, add a commercial kitchen, or develop outdoor event areas.

This property hasn't reached its full potential--but with vision, polish, and the right strategy, it could become the region's go-to destination. For the right buyer, the opportunity is as expansive as the space itself.

Location

Street address
151 S 5th St
Community
T & P Ry Add
Elevation
663 feet
Coordinates
33.58, -95.9102

Directions

From downtown Honey Grove, turn S onto 5th Street. Go through 2 stop signs. After 2nd stop sign, you will see the venue in front of you. It is on the corner of 5th and Commerce Streets. There will be a sign out front.

Property details

Acreage
2.441 acres
MLS #
NTREIS 20996243
Posted

Parcels

  • 000000094719

Legal description

Resources

Details and features

Listing

Type
Commercial Sale
Subtype
Business

Structure

Heating
Central, Electric
Cooling
Central Air
Materials
Aluminum Siding, Brick
Roof
Metal

Interior

Flooring
Concrete

Listing history

DateEventPriceChangeSource
Sept 16, 2025Price drop$1,000,000$200,000 -16.7%NTREIS
July 12, 2025New listing$1,200,000NTREIS
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This 2.441-acre property is located at 151 S 5th St in Honey Grove, TX 75446. The property is available for sale for $1,000,000 with a price per acre of $409,668.

Checked 1 hour ago — Updated

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