Flatonia, TX 78941,218 S Market ST

$799,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5,960 SqFt


SOLD DATE : 10/23/2023

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

Square Footage 5,960 sqft

Price per Sqft $125

Subdivision City Of Flatonia 400

MLS Listing ID 5112725

Sold Date 10/23/23

Originating Board actris

Year Built 1896

Tax Year 2021

Lot Size 0.287 Acres

Property Description

Prepare to be transported when you step through the doors of the Olle Hotel. The beautifully restored, fully furnished hotel is located on I-10 halfway between San Antonio and Houston and a little over an hour from Austin in the up-and-coming town of Flatonia. This turn-key operation boasts twelve beautifully appointed guest rooms, each with their own private bath in the main hotel plus the universally accessible Olle Cottage beautifully tucked amongst the shade of centuries old trees in the backyard. Sip tea in the dining room, tickle the ivories on the baby grand piano in the living room, or sit in the rockers and enjoy the afternoon breeze on the inviting, Texas sized front porch. Guests enjoy many local attractions like the Shiner Brewery, the painted churches, local wineries, car shows, festivals and much more. Even a walk around the corner to the town's main street will open up a world of shopping, fine dining, museums, and the beautifully restored Lyric Theater. This cozy town is coming to life right before our eyes as buildings that sat vacant for decades have been purchased and are being restored to their former glory. This is an incredible, once in a lifetime opportunity to own such a special place. *New roof in 2019.

Location

State TX

County Fayette

Interior

Heating See Remarks

Cooling See Remarks

Flooring Wood

Fireplace N

Exterior

Utilities Available Electricity Connected, Phone Available, Water Connected

View Downtown, Neighborhood

Accessibility Accessible Bedroom, Accessible Full Bath, Accessible Kitchen

Total Parking Spaces 10

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Restrictions City Restrictions

Acceptable Financing Cash, Conventional, 1031 Exchange

Tax Rate 2.0326

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
SimpliHŌM - Making Real Estate Simple

SimpliHŌM - Making Real Estate Simple

+1(855) 856-9466

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by All City Real Estate Ltd. Co
Bought with Non Member
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.