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.
-
0BEDS
-
0.45ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
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.
© 2021 Longview Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Professionals - The Burks Team. Data last updated: 2021-02-26T09:22:17.787.