607 Elm St Graham, TX 76450

Property Details for 607 Elm St

Year built

1905

Lot size

0.24 lot acres

Property size

8,700 SF

Property type

Commercial real estate

APN

2767

APU

2767

Description

This exceptional 17,400 square foot property, situated on a 0.21-acre lot at 607 Elm Street in Graham, Texas, presents a remarkable investment opportunity within the city's historic district. The building boasts a captivating blend of preserved historical charm and modern functionality. The ground floor has undergone a complete renovation, featuring brand new electrical, plumbing, and HVAC systems. Original historical elements, such as doors and ceiling tiles, have been carefully preserved, adding to the property's unique character and appeal. Currently, this level houses a successful restaurant and tap house, providing immediate income potential. The upper level, formerly a hotel, offers significant redevelopment potential. This space presents a unique opportunity to create boutique accommodations, catering to the growing tourism sector. A balcony provides scenic downtown views, enhancing the overall ambiance and appeal. A new elevator shaft is already installed, ensuring convenient accessibility for all. This property represents a rare chance to acquire a piece of Graham's rich history while simultaneously capitalizing on the potential for significant commercial success in a vibrant downtown location. The asking price is $1,755,000.