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$ 850,000
Est. payment | /mo
9,147 Sqft Lot
$ 850,000
Est. payment | /mo
9,147 Sqft Lot
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision Otp Denison
MLS Listing ID 20781101
Total Fin. Sqft 9000
Year Built 1893
Lot Size 9,147 Sqft
Acres 0.21
Property Description
The Historic Travelers Hotel, located in the heart of downtown Denison on Main Street, presents a unique investment opportunity for those seeking to capitalize on the area's cultural renaissance. This property, with its stunning Saxony German design and over 9,000 square feet of exquisite architectural details, offers versatile potential as a boutique hotel, upscale apartments, a bed and breakfast, or a classic home. Dating back to the late 1800s, the hotel is surrounded by a vibrant community rich in charm and entertainment, featuring a variety of eateries, galleries, boutiques, wineries, breweries, and museums. The 1st Floor was built by Ernst Martin Kohl in 1893 to house a Grocery store & a Saloon. He added the top 3 floors from 1909-1911 as a place for his family to reside. In the 1930's, this building became the Travelers Hotel. The proximity to Lake Texoma, the 12th largest lake in the United States, enhances the appeal of this historic property, making it an ideal investment in a flourishing artistic environment.
Location
State TX
County Grayson
Zoning C
Direction See GPS.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Other
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Other
Garage No
Building
Foundation Other
Structure Type Brick
Others
Ownership Of Record
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Listed by Tre Allen • DHS Realty