$1,600,000
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8,868 SqFt
SOLD DATE : 05/31/2022
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 8,868 sqft
Price per Sqft $180
Subdivision Glen Rose Townsite
MLS Listing ID 14696271
Sold Date 05/31/22
Total Fin. Sqft 8868
Annual Tax Amount $3,161
Lot Size 0.839 Acres
Acres 0.839
Property Description
Located just one block off of the Downtown Square, this is one of the most Unique and Iconic Historic Properties in Glen Rose. Property encompasses most of a city block. Main building believed to have been built in 1912 was once operated as the Lane Hotel. Main 2-story building has 14 guest rooms in various stages of renovation. 5 additional upstairs rooms have been converted into a nicely updated apartment. Large downstairs area can be used for retail. There are also 3 very nicely updated private cottages on the property. Glen Rose is a bustling visitor destination. A unique visitor lodging experience could be created right here. Bring your vision and create something awesome in Glen Rose with this property!
Location
State TX
County Somervell
Zoning B1
Direction One block east of downtown Glen Rose square on Barnard St.
Interior
Heating Central, Electric
Cooling Central Air, Electric, Window Unit(s)
Flooring Vinyl, Wood
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water, Curbs, Overhead Utilities, Sidewalk
Roof Type Metal
Garage No
Building
Foundation Pillar/Post/Pier
Others
Ownership Martin
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Austin Jordan • Century 21 Property Advisors