$600,000
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0.45 Acres Lot
SOLD DATE : 06/08/2021
Key Details
Property Type Single Family Home
Sub Type Building
Listing Status Sold
Purchase Type For Sale
Subdivision Tx
MLS Listing ID 10130996
Sold Date 06/08/21
Lot Size 0.450 Acres
Acres 0.45
Lot Dimensions TBD
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. Call Scott Nolan at (903) 297-4302 for more information.
Location
State TX
County Marion
Area Marion
Zoning Commercial
Exterior
Waterfront No
View Y/N No
Building
Sewer Public Sewer
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Cash
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Bought with NON MEMBER AGENT
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