201 Fayette ST, City Of Fayetteville Comm Prop, Fayetteville, 78940
Commercial Sale
0 bed
0 bath
9,670 sq ft
2,257,000
0.222 acres
201 Fayette ST, City Of Fayetteville Comm Prop, Fayetteville, 78940

DESCRIPTION

Exclusive opportunity to purchase the Grand Fayette Hotel overlooking the charming historic square of Fayetteville. The iconic building, built in 1900, became a boutique hotel in 2003 and was updated in 2017 to have 10 beautifully decorated ensuite rooms, 8 rooms upstairs and 2 at garden level. All furnishings and hotel linens are included (some exclusions apply.) On a corner 9027 sf lot, an enclosed patio garden joins the main hotel (7407 sf) with the garden cottage(816 sf). The Grand Fayette has a popular Wine Bar Restaurant run by Chefs George and Kathy Valtasaros bringing in patrons from Houston, Austin and surrounding areas. The large dining area is also the perfect venue for weddings, rehearsal dinners, birthday and anniversary parties and many other events. Enter through antique double doors to the comfortable lobby with guest lounge area and 2 half baths. A small, enclosed area off of the lobby is currently being used for a high-end retail store. The Wine Bar Restaurant is directly off the lobby and opens to the large dining area. Upstairs in the hotel are 8 well-appointed guest rooms with private baths depicting the charm and grace of Fayetteville and the countryside. Upstairs has a guest lounge area and coffee bar with a screen door leading out to the front balcony. The garden cottage has 2 first floor private suites. A backstairs balcony, garden and patio with fountain provides multiple outdoor spaces for guests. Centrally located 85 miles from Houston, 80 miles from Austin and 14 miles from Round Top. Fayetteville is active with restaurants, shops, art galleries, art/music festivals and is building a multi-purpose performance center a block away, drawing more and more people to this delightful town.

Status: Active

$ 2,257,000


Listing Date: Apr 19, 2023


Year Built: 2003

Schedule to View

Text or Call: 512-710-0123
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Property Details

  • Total Beds: 0
  • Total Baths: 0
  • Main Floor Beds:
  • Main Floor Baths:
  • HOA Present: No
  • Year Built: 2003
  • Square Feet: 9,670
  • MLS Status: Active
  • Price per sq foot: $233.39

Parking

  • Garage: spaces
  • Parking Spaces: 10.0
  • Parking features: [Asphalt]

Exterior:

  • Roof:
  • Foundation:
  • Construction Materials: [Brick]
  • Patio:
  • Fence:
  • Pool:
  • Waterfront:

Lot Details:

  • Acres: 0.222
  • Lot Size: 9670.32 sq ft
  • Lot Features:
  • View:

Utilities

  • Utilities Connected: [Above Ground, Electricity Connected, Other, Sewer Connected, Water Connected]
  • Sewer: [Public Sewer]
  • Water Source: [Public]
  • Heating: [Ceiling, Electric, Zoned]
  • Cooling: [Central Air, Electric, Zoned]

Features:

  • Appliances:
  • Security Features: [Fire Sprinkler System]
  • Interior Features:

Schools

Elementary:
Middle:
High:

Tax History

Year
2022
Total Value
10597.6

Location

Details

Subdivision: City Of Fayetteville Comm Prop
Street Number: 201
City: Fayetteville
Zip Code: 78940
Latitude/Longitude: 29.904196/-96.67695

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DISCLAIMER


Based on information provided by the Austin Board of REALTORS® (alternatively, from ACTRIS). Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. 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. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.