201 Fayette St Fayetteville, TX 78940-5019
- Commercial real estate
- 7,407 SF
- 0.16 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 201 Fayette St
- Year built
- 2018
- Lot size
- 0.16 lot acres
- Property size
- 7,407 SF
- Property type
- Commercial real estate
- APN
- 24009
- APU
- 24009
Description
Exceptional opportunity to own the Grand Fayette Hotel, a beautifully restored 1900s building situated on a 0.22-acre corner lot (9027 sq ft) in historic Fayetteville, TX. This iconic property boasts 10 exquisitely decorated ensuite guest rooms (8 upstairs, 2 in a garden cottage), all with furnishings and linens included (some exclusions apply). The main hotel building (7407 sq ft) features a charming lobby with a guest lounge and two half baths, a high-end retail space, and a popular Wine Bar Restaurant operated by Chefs George and Kathy Valtasaros, attracting clientele from Houston, Austin, and beyond. The spacious dining area is ideal for various events, including weddings and private parties. The property also includes an enclosed patio garden and a separate 816 sq ft garden cottage with two first-floor suites. Multiple outdoor spaces, including a backstairs balcony and a patio with a fountain, enhance the guest experience. Conveniently located 85 miles from Houston, 80 miles from Austin, and 14 miles from Round Top, the hotel benefits from Fayetteville's thriving arts scene, numerous restaurants and shops, and the upcoming multi-purpose performance center. The total building size is 8223 sq ft. Priced at $1,570,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Fayette
- State
- Texas
- Longitude
- -96.677
- Latitude
- 29.9042
