201 W Fayette ST Active

Fayetteville,TX 78940

$ 1570000

0 Bed

0 Bath

8223 SqFt


Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 8,223 sqft

Price per Sqft $190

Subdivision City Of Fayetteville Comm Prop

MLS Listing ID 5095270

Originating Board actris

Year Built 2003

Annual Tax Amount $10,597

Tax Year 2022

Lot Size 9,670 Sqft

Acres 0.222

Property Description

Exclusive opportunity to purchase the Grand Fayette Hotel overlooking the charming historic square of Fayetteville. The iconic building, built in 1900, became a boutique hotel in 2003 and was updated in 2017 to have 10 beautifully decorated ensuite rooms, 8 rooms upstairs and 2 at garden level. All furnishings and hotel linens are included (some exclusions apply.) On a corner 9027 sf lot, an enclosed patio garden joins the main hotel (7407 sf) with the garden cottage(816 sf).

The Grand Fayette has a popular Wine Bar Restaurant run by Chefs George and Kathy Valtasaros bringing in patrons from Houston, Austin and surrounding areas. The large dining area is also the perfect venue for weddings, rehearsal dinners, birthday and anniversary parties and many other events.

Enter through antique double doors to the comfortable lobby with guest lounge area and 2 half baths. A small, enclosed area off of the lobby is currently being used for a high-end retail store. The Wine Bar Restaurant is directly off the lobby and opens to the large dining area. Upstairs in the hotel are 8 well-appointed guest rooms with private baths depicting the charm and grace of Fayetteville and the countryside. Upstairs has a guest lounge area and coffee bar with a screen door leading out to the front balcony. The garden cottage has 2 first floor private suites. A backstairs balcony, garden and patio with fountain provides multiple outdoor spaces for guests.

Centrally located 85 miles from Houston, 80 miles from Austin and 14 miles from Round Top. Fayetteville is active with restaurants, shops, art galleries, art/music festivals and is building a multi-purpose performance center a block away, drawing more and more people to this delightful town.

Location

State TX

County Fayette

Interior

Heating Ceiling,Electric,Zoned

Cooling Central Air,Electric,Zoned

Flooring Wood

Fireplace No

Exterior

Utilities Available Above Ground,Electricity Connected,Other,Sewer Connected,Water Connected

Waterfront No

Parking Type Asphalt

Total Parking Spaces 10

Building

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Special Listing Condition Standard

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