1101 3 Hondo, TX 78861
- Commercial real estate
- 9,246 SF
- 0.52 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1101 3
- Year built
- 1902
- Lot size
- 0.52 lot acres
- Property size
- 9,246 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 1101 19th Street, Units 1, 2, and 3 in Hondo, Texas, presents a unique investment opportunity. The property encompasses a substantial 9,246 square feet situated on a 0.52-acre lot. Originally constructed in 1902 as the Armstrong Hotel, this landmark building boasts a rich history, having served railroad workers, military personnel stationed at the nearby Hondo Air Force Base, and numerous other guests over the decades. Its central location on Highway 90 places it in the heart of Hondo, offering excellent visibility and accessibility. Subsequent renovations added 10 rooms, significantly expanding its capacity. The building has undergone various improvements throughout its history, reflecting its enduring appeal and adaptability. Currently configured for retail use, the property offers considerable potential for a variety of commercial ventures. The asking price is $1,100,000, and seller financing is available, making this a compelling proposition for discerning investors seeking a piece of Texas history with significant upside potential. The property's prominent location and substantial size make it an ideal investment for those seeking a high-impact commercial property in a thriving community.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hondo
- County
- Medina
- State
- Texas
- Longitude
- -99.1407
- Latitude
- 29.3473
