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Property profile & analytics
OFF-MARKET
Commercial real estate

123 Austin St Jefferson, TX 75657-2201

5,000 SF 0.06 ac lot Built 1854
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US82-6488573
Property summary
AI-generated overview

Step into history with the acquisition of the iconic Kahn Hotel, a remarkable general commercial property nestled in Jefferson, TX's historic district. Built in 1865, this 0.11-acre property boasts a captivating past, having served as a saloon, mercantile, newspaper office, lodge, furniture store, and even a funeral home. Currently operating as a ten-room hotel, the property includes a unique one-bedroom, one-bathroom apartment complete with a private balcony offering stunning views of Austin Street. The hotel's rich history is palpable, with tales of Vernon Dalhart, the renowned singer who launched his career at the Kahn Saloon in the 1920s, recording over 3,000 records. Adding to its appeal, the hotel features an on-site coffee shop, providing a convenient amenity for guests and contributing to the property's income stream. This presents a rare opportunity to own a piece of Jefferson's vibrant heritage and establish a thriving business venture. The asking price for this exceptional property is $699,900. The square footage is not currently available. This is a turnkey operation with significant potential for growth and expansion. Don't miss this chance to own a piece of Texas history.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1854
Total area 5,000 SF
Lot 0.06 ac (2,483 SF)
APN 36064
UPID US82-6488573
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Stacie Nicole Logan · 4 yrs held
Stacie Nicole Logan
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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