0.36 Acres Lot
0.36 Acres Lot
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision Park Place Add
MLS Listing ID 20935585
Total Fin. Sqft 2400
Year Built 1895
Annual Tax Amount $5,311
Lot Size 0.362 Acres
Acres 0.362
Lot Dimensions 15,769
Property Sub-Type Hotel/Motel
Property Description
Located half block from TSU and with room to expand. Featuring four private rentable rooms, elegantly designed and all with modern conveniences. Zoned Mini splits in every room, smart T.V., microwave, mini fridge, custom showers, hardwood floors throughout. Hotel features 10 foot ceilings with re-claimed vintage stamped tin in all three downstairs KING rooms, each with a different design. Five original fireplaces, Commercial gas tankless water heater, externally mounted, along with professional water softner system which protect fixtures, shower doors and appliances. Grounds include, a detached office studio with private bath and zoned heating and air, custom rock patios, sidewalks, courtyards and native landscaping. An asphalt parking lot with an ADA concrete slap provides safe parking off the street, with a designated Entrance and Exit. An ADA cement ramp with railing, plus steps from parking lot lead guest to our beautiful wrap around porch to access Hotel. Property has room to build Phase II if desired, which would include the addition of three rental units on one foundation. Sewer tap in place and parking lot built with 14 spaces to accomodate future expansion. The Gallery House has excellent reviews, repeat guest, local business, corporate travel, sub-contractors and transient weekend buisness. The Gallery House has an establised website capturing majority of reservations. Walking distance to TSU, Historic Downtown, and Hospital district. Property is an asset gain as Tarleton State University grows expenditually in all directions.
Location
State TX
County Erath
Zoning R-# Residential and multi-housing Buyer to verify
Direction 1092 W Tarleton Street, behind Wendy's restaurant, North of Washington Street. The Gallery House Boutique Hotel is located on the corner of Tarleton and Ollie Streets. Half block from Tarleton State University's east campus.
Interior
Heating Electric, Natural Gas, Zoned, Other
Cooling Ceiling Fan(s), Electric, Zoned, Other
Flooring Hardwood
Heat Source Electric, Natural Gas, Zoned, Other
Exterior
Utilities Available Asphalt, Cable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Sidewalk, See Remarks, Other
Roof Type Composition
Accessibility Accessible Approach with Ramp, Accessible Bath - Full, Accessible Bath - Half+Hall, Accessible Bedroom, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Meets ADA Requirements
Garage No
Building
Lot Description Corner Lot, Irregular Lot, Landscaped, Lrg. Backyard Grass, Many Trees, Oak
Foundation Block, Pillar/Post/Pier, Stone
Structure Type Frame,Siding,Wood
Others
Acceptable Financing 1031 Exchange, Cash, Contract, Conventional
Listing Terms 1031 Exchange, Cash, Contract, Conventional
Special Listing Condition Owner/ Agent, Phase I Complete, Survey Available
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20935585
