1092 W Tarleton Street, Stephenville, TX

$1,350,000

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0.36

Acres

About 1092 W Tarleton Street

Attention Investors, The Gallery House Boutique Hotel, opened for business in September 2020 during Tarleton State University's Annual family weekend with a SOLD out house. 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. 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 upscale linens in each room. 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, as the well as the utilization of third party websites that help direct new business to this charming hotel. Walking distance to Tarleton State University, Historic Downtown, and Hospital district.

Features of 1092 W Tarleton Street

MLS® # 20935585
Price $1,350,000
Bathrooms 0.00
Acres 0.36
Year Built 1895
Type Commercial Sale
Sub-Type Hotel/Motel
Status Active

Community Information

Address 1092 W Tarleton Street
Subdivision Park Place Add
City Stephenville
County Erath
State TX
Zip Code 76401-5609

Amenities

Utilities Asphalt, Cable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Sidewalk, See Remarks, Other
Garages Additional Parking, Asphalt, Common, Drive Through, No Garage, Off Street, On Site, Open, Outside, Parking Lot, Paved, Private, Unassigned
Is Waterfront No
Has Pool No

Interior

Heating Electric, Natural Gas, Zoned, Other
Fireplace No
# of Stories 5
Stories 5

Exterior

Lot Description Corner Lot, Irregular Lot, Landscaped, Lrg. Backyard Grass, Many Trees, Oak
Roof Composition
Construction Frame, Siding, Wood
Foundation Block, Pillar/Post/Pier, Stone

Financial Information

Tax Unexempt $5,311

Additional Information

Zoning R-# Residential and multi-housing Buyer to verify

Listing Details

AgentKimberly Fornes
OfficeKeller Williams Brazos West
Contact Info254-459-1405

Listing Map

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