Address
109 E Erwin Street, Tyler, TX
Price
$ 3,995,000
Property Attributes
- MLS#20590014
- TypeCommercial
- CountySMITH
- CityTyler
- NeighborhoodCity Of Tyler
- Zip75702
- StyleHotel/Motel
- Year Built1983
- Taxes$ 13061
- Price$ 3,995,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2,483 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
The Thomas Hotel: An iconic 8-room boutique hotel offering intimate accommodations and warm service in downtown Tyler, Texas. Located on the historic square, it seamlessly blends modern amenities with historic charm, providing a unique Tyler experience. The lobby bar serves some of the best cocktails, creating a welcoming atmosphere for locals and travelers alike. Named the number one city in Texas to move to by USA Today, Tyler offers proximity to healthcare, affordable living, and a high quality of life. Surrounding historic spaces are undergoing a redesign, including a new Smith County Courthouse. This investment opportunity allows you to own a piece of history in one of the fastest-growing real estate markets.
| Price History | |
|---|---|
| 4/19/2024 | Listed $3,995,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Central Air,Electric |
| Utilities | City Sewer,City Water |
| Ceiling Height | 8 to10 Feet,15 to 20 Feet |
| Possession | Closing/Funding |
| Roof | Flat |
| Year Built | 1983 |
| Tenant Pays | All Utilities,Taxes |
| Business Type | Hotel/Motel |
| Unexempt Taxes | 13061 |
| Building Use | Bar/Taverns,Hotel/Motel |
| Will Subdivide | No |
| Gross Annual Expenses | 445358.00 |
| Property SubType | Hotel/Motel |
| Subdivision Name | City Of Tyler |
| Zoning Description | Commercial |
| County | Smith |
| Property Type | Commercial Sale |
| Construction Materials | Brick,Wood |
| Year Built Details | Preowned |
| Status | Active |
| Directions | Go north on Hwy 69. At the intersection of Erwin and Broadway-Hwy 69 go East. Property on the right. |
| City | Tyler |
| Buyer Agent Compensation | 3 |
| Street Name | Erwin |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20590014 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Luxury Vinyl Plank |
|---|---|
| Total Stories | 3 |
| Total Units | 8 |
| SQFT Gross | 7500 |
| Lock Box Type | None |
| Street Suffix | Street |
Exterior Features
| Lot Size Source | Assessor |
|---|---|
| Parking Features | On Street |
| Lot Size | Less Than .5 Acre (not Zero) |
| Foundation | Slab |
| Lot Size Area | 0.0570 |
| Lot Size Units | Acres |
| Building Area Total | 7500.00 |
| Lot Size Square Feet | 2482.9200 |
| Lot Size Acres | 0.0570 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 75702
Price
Visits
Year Built
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