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$1,755,000

Est. payment - /mo

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17,400 SqFt

Active Contingent

607 Elm Street Graham, TX 76450

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J. Monique Clark

monique@primerealtydfw.com +1(662) 590-6650

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active Contingent

Purchase Type For Sale

Square Footage 17,400 sqft

Price per Sqft $100

Subdivision Original Graham

MLS Listing ID 20610781

Total Fin. Sqft 17400

Year Built 1904

Lot Size 8,999 Sqft

Acres 0.2066

Lot Dimensions tbv

Property Sub-Type Business

Property Description

Welcome to a rare investment opportunity in downtown Graham's historic district! This iconic property, steeped in local history, offers a unique blend of charm, functionality, and potential. The bottom level has been meticulously redone with all new electrical, plumbing and HVAC system, as well as original historic pieces including doors and ceiling tiles, adding character and allure. It hosts a thriving restaurant and tap house tenant. Upstairs, a previously operational hotel awaits transformation. Imagine the possibilities of converting this space into boutique accommodations, capitalizing on the burgeoning tourism industry. Enjoy the scenic downtown views from the balcony, providing an added touch of elegance and ambiance. With a new elevator shaft already in place, accessibility is seamless, enhancing the property's appeal to both visitors and locals. Don't miss this chance to invest in a piece of Graham's rich heritage while seizing the opportunity for modern commercial success.

Location

State TX

County Young

Zoning Commercial

Direction Downtown Graham Texas, very close to the Young County Court House

Interior

Heating Central

Cooling Central Air

Flooring Concrete

Heat Source Central

Exterior

Utilities Available City Sewer, City Water, Electricity Connected, Individual Gas Meter

Roof Type Synthetic

Garage No

Building

Lot Description Level

Foundation Slab

Structure Type Concrete

Others

Ownership of record

Acceptable Financing 1031 Exchange, Cash, Contact Agent, Conventional

Listing Terms 1031 Exchange, Cash, Contact Agent, Conventional

Special Listing Condition Aerial Photo

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Stephen Reich • Williams Trew Real Estate

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J. Monique Clark

Agent | License ID: 0783848

+1(662) 590-6650