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1092 W Tarleton Street, Stephenville, TX 76401

$985,000
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MLS#20935585
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONPark Place Add

Property Description

PRICE REDUCTION The Gallery House Boutique Hotel, opened for business in September 2020 and has been well received! This Craftsman Home, originally built in 1895, took two years to restore and convert into a Hotel. A turn-key business. Located half block from Tarleton State University and on a corner lot with room to expand. Featuring four private rentable rooms, elegantly designed and all with modern conveniences. Zoned Mini splits in every room, smart T.V., microwave, mini fridge, custom showers and well made matresses and lines. Hardwood floors throughout. Hotel features 10 foot ceilings with re-claimed vintage stamped tin in all three downstairs KING rooms, each with a different design. Five original fireplaces, Commercial gas tankless water heater, externally mounted, along with professional water softner system which protect fixtures, shower doors and appliances. Grounds include, a detached office studio with private bath and zoned heating and air, custom rock patios, sidewalks, courtyards and native landscaping. An asphalt parking lot with an ADA concrete slap provides safe parking off the street, with a designated Entrance and Exit. An ADA cement ramp with railing, plus steps from parking lot lead guest to our beautiful wrap around porch to access Hotel. Property has room to build Phase II if desired, which would include the addition of three rental units on one foundation. Sewer tap in place and parking lot built with 14 spaces to accomodate future expansion. The Gallery House Boutique Hotel has excellent review scores, repeat guest, local business, corporate travel, sub-contractors and transient weekend buisness. The Gallery House Boutique Hotel has an establised website which captures majority of reservation bookings. Walking distance to Tarleton State University, Historic Downtown, and Hospital district. Property is an asset gain as Tarleton State University grows expenditually in all directions.

1092 W Tarleton Street | MLS# 20935585

This commercial property located at 1092 W Tarleton Street, Stephenville, TX 76401 is currently listed for sale with an asking price of $985,000. Search Stephenville real estate on justinedwards.kellyrealtors.com today.

Property Features

Property Type: Commercial - Business
Cooling: Ceiling Fan(s), Electric, Zoned, Other
Heating: Electric, Natural Gas, Zoned, Other
Lot Size: 0.36 Acres
Roof Type: Composition
Stories: 5.0
Year Built: 1895

Feature Descriptions

Accessibility: Accessible Approach with Ramp, Accessible Bath - Full, Accessible Bath - Half+Hall, Accessible Bedroom, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Meets ADA Requirements
Days on Site: 267
Exclusions: See Exclusions attached in documents. Majority of furnishings are inclusive. All supplies, linens, towels, tolietries in inventory included at closing
Exterior: Frame, Siding, Wood
Flooring: Hardwood
Lot: Corner Lot, Irregular Lot, Landscaped, Lrg. Backyard Grass, Many Trees, Oak
Lot Dimensions: 15,769
Parcel#: R000032857
Parking: Additional Parking, Asphalt, Common, Drive Through, No Garage, Off Street, On Site, Open, Outside, Parking Lot, Paved, Private, Unassigned
Parking Notes: Additional Parking, Asphalt, Common, Drive Through, No
Security: Carbon Monoxide Detector(s), Firewall(s), Smoke Detector(s), Other
Topography: irregular city lot
Units: 5
Utilities: Asphalt, Cable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Sidewalk, See Remarks, Other

Listed By / Shown By

Listed By

Agency Name: Keller Williams Brazos West
Agency Contact: 254-459-1405
Agent Name: Kimberly Fornes

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Shown By

Agent Name: Justin Edwards
Agent Phone: (254) 749-7187
Agency Title: Kelly, Realtors

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