Limestone from the local Floyd Quarry was utilized in the construction of many nineteenth-century mercantile buildings in Honey Grove. The Smith Feed-Seed and Hardware store has occupied this building since 1952; it originally housed an agricultural implements store. The Italianate building features a diagonal corner entrance framed by stone columns on two levels. Pilasters on the west elevation and rock-faced walls on the north are capped with a bracketed pressed-metal cornice. A later expansion of the building to the south changed the window bays and subtly modified the cornice detailing.
One block to the west at 118 Market Street, the two-story limestone Italianate Walcott Building (c. 1885) has segmental-arched windows and a pressed metal cornice. Across 5th Street is the tallest building on the square, the three-story former First National Bank (c. 1889, 365 5th St.). A Richardsonian Romanesque rock-faced limestone first story is accented by a red sandstone arch at the building’s corner entrance. Corner bartizans rest on limestone clamshells on the upper red brick walls and foliate detailing in red terra-cotta is above the third-floor windows. The cornice is missing.