213 W Gould Street #A new Save Request In-Person Tour Request Virtual Tour
Hillsboro,TX 76645
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision Hillsboro Ot
MLS Listing ID 20845456
Total Fin. Sqft 5548
Year Built 1945
Annual Tax Amount $3,576
Lot Size 8,058 Sqft
Acres 0.185
Property Sub-Type Hotel/Motel
Property Description
This historic hotel with roots dating back to the late 1800's is a rare diamond that offers an exceptional opportunity for real estate investment. The hotel has undergone partial renovations in the 80's. Great potential for generating income through hotel or Air BNB operations or event rentals. Located in the central business district of Hillsboro's Main Street just steps away from the courthouse square. The partial renovations already completed have reduced the amount of work needed to get the property up and running again. Bottom floor has been occupied until recently. Private Courtyard and gated covered parking. A must-see for anyone looking to invest in real estate in the growing city of Hillsboro that is centrally located between DFW and Waco. Bring your vision!
Location
State TX
County Hill
Zoning CENTRAL BUSINESS DISTRICT
Direction From downtown Hillsboro Head west on W Elm St toward Bonds Alley, Turn left onto Covington St, Turn right onto W Gould St. Entrance will be on the left
Interior
Heating Central,Other
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Carpet,Hardwood,Laminate
Heat Source Central,Other
Exterior
Utilities Available All Weather Road,City Sewer,City Water,Natural Gas Available
Roof Type Flat,Metal
Garage No
Building
Lot Description Corner Lot
Foundation Pillar/Post/Pier,Slab
Structure Type Block,Brick,Other
Others
Ownership Janet Lahr
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20845456