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.
Property Listed by: Nolan Properties, LLC
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 15th, 2021 at 6:31am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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