201 W Fayette Street, Fayetteville, TX

$1,800,000

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0.22

Acres

About 201 W Fayette Street

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.

Features of 201 W Fayette Street

MLS® # 5095270
Price $1,800,000
Bathrooms 0.00
Acres 0.22
Year Built 2003
Type Commercial Sale
Sub-Type Hotel/Motel
Status Active

Community Information

Address 201 W Fayette Street
Area FC
Subdivision City Of Fayetteville Comm Prop
City Fayetteville
County Fayette
State TX
Zip Code 78940

Amenities

Utilities Above Ground Utilities, Electricity Connected, Other, Sewer Connected, Water Connected
Features Sidewalks
Parking Asphalt
Is Waterfront No
Has Pool No

Interior

Interior Wood
Heating Ceiling, Electric, Zoned
Fireplace No
Master On Main No

Exterior

Construction Brick
Foundation Basement

Additional Information

Date Listed April 18th, 2023
Days on Market 430
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMartha Turner Sotheby's
Contact Info(713) 520-1981

Listing Map

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