330 E Main St - Flex FOR SALE


Nacogdoches, TX 75961
$3,990,000 USD
936-564-1818
330 E Main St, Nacogdoches, TX for Sale
$3,990,000 USD
Flex - FOR SALE
1/11
null | Request Cap Rate

330 E Main St
Nacogdoches, TX 75961


HIGHLIGHTS

  • Historic Downtown Nacogdoches

OVERVIEW

Turn of the 20th Century, 1906, Redland Hotel in Historic Downtown Nacogdoches in the process of renovations. Each of the 3 floors has 4371 sq. ft. for a total of 13,113 sq. ft. The 1st floor has a commercial kitchen ready now for a restaurant/event center/retail. This floor is about 70% complete for new Owners to open. The 2nd & 3rd floors were hotel rooms & ready for renovations to lofts/hotel rooms/apartments. The property can be leased for $1/sqft/month, minimum 5 years. Sellers are a Construction Co & can be hired to renovate for Lessee, if desired. There is also a small basement in the rear of the building but will not be part of the leasable sqft. Seller is retaining mineral, if any.

FOR SALE DETAILS

PRICE

$3,990,000 USD

PRICE/SF

$304 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Historic Redland Hotel

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1906

UTILITIES

Gas - Natural, Water - City, Sewer - City

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1

LAND SF

4,356

ZONING

B3

APN/PARCEL ID

22977

ASK ABOUT THIS PROPERTY

Sandy KriegAlamo RealtyMore Info
936-564-1818

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Sandy KriegAlamo RealtyMore Info
936-564-1818

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.