$600,000
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4,050 SqFt
SOLD DATE : 06/08/2021
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,050 sqft
Price per Sqft $141
Subdivision Na
MLS Listing ID 3958799
Sold Date 06/08/21
Originating Board actris
Year Built 1860
Tax Year 2020
Lot Size 0.450 Acres
Property Description
Opportunity to own a rare investment property in Historic Jefferson, Texas ! Standalone building built in the 1860s. Property underwent a major restoration in 2009 with $1 million invested, that has brought it back to its original, extraordinary glory. For 160+ years, this 4050 square foot building has been a pinnacle to community in its historic downtown setting, bringing in tourists, locals and everything in-between. Two-story building offers two different sources of income for investor. Building is currently under a Three year lease. Saloon style restaurant occupies bottom floor of the building with a long-term lease. Restaurant is not for sale. Top floor of the building houses a 2 bedroom, 2.5 bathroom apartment set up for vacation rental accessibility for events and visitors. Jefferson hosts many events, is ported off of Caddo lake and a small drive down to Lake O’ The Pines. The amenities are endless in this tourist-centric town. Building not only offers two forms of cash flow, but gives an opportunity to own a piece of Jefferson History.
Location
State TX
County Marion
Interior
Heating Central
Cooling Central Air
Flooring Wood
Fireplace N
Exterior
Utilities Available Above Ground, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
Accessibility Accessible Elevator Installed
Total Parking Spaces 6
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Others
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Non Member
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