123 Austin St Jefferson, TX 75657

Property Details for 123 Austin St

Year built

1854

Lot size

0.06 lot acres

Property size

5,000 SF

Property type

Commercial real estate

APN

36064

APU

36064

Description

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.