$799,000
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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
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