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201 W Fayette ST,  Fayetteville TX, 78940

(Active)
$1,800,000
|
8,223 sqft
|
MLS# 5095270
Last Updated: 5/18/2024 4:28 AM
Description for 201 W Fayette ST Fayetteville, TX 78940
Exclusive opportunity to purchase the Grand Fayette Hotel overlooking the charming historic square of Fayetteville. The iconic building, built in 1900, became a boutique hotel in 2003 and was updated in 2017 to have 10 beautifully decorated ensuite rooms, 8 rooms upstairs and 2 at garden level. All furnishings and hotel linens are included (some exclusions apply.) On a corner 9027 sf lot, an enclosed patio garden joins the main hotel (7407 sf) with the garden cottage(816 sf).The Grand Fayette has a popular Wine Bar Restaurant run by Chefs George and Kathy Valtasaros bringing in patrons from Houston, Austin and surrounding areas. The large dining area is also the perfect venue for weddings, rehearsal dinners, birthday and anniversary parties and many other events.Enter through antique double doors to the comfortable lobby with guest lounge area and 2 half baths. A small, enclosed area off of the lobby is currently being used for a high-end retail store. The Wine Bar Restaurant is directly off the lobby and opens to the large dining area. Upstairs in the hotel are 8 well-appointed guest rooms with private baths depicting the charm and grace of Fayetteville and the countryside. Upstairs has a guest lounge area and coffee bar with a screen door leading out to the front balcony. The garden cottage has 2 first floor private suites. A backstairs balcony, garden and patio with fountain provides multiple outdoor spaces for guests. Centrally located 85 miles from Houston, 80 miles from Austin and 14 miles from Round Top. Fayetteville is active with restaurants, shops, art galleries, art/music festivals and is building a multi-purpose performance center a block away, drawing more and more people to this delightful town.
Price
$1,800,000
City Of Fayetteville Comm Prop
Fayette
8,223 (approx)
5095270
Active
Description
Exclusive opportunity to purchase the Grand Fayette Hotel overlooking the charming historic square of Fayetteville. The iconic building, built in 1900, became a boutique hotel in 2003 and was updated in 2017 to have 10 beautifully decorated ensuite rooms, 8 rooms upstairs and 2 at garden level. All furnishings and hotel linens are included (some exclusions apply.) On a corner 9027 sf lot, an enclosed patio garden joins the main hotel (7407 sf) with the garden cottage(816 sf).The Grand Fayette has a popular Wine Bar Restaurant run by Chefs George and Kathy Valtasaros bringing in patrons from Houston, Austin and surrounding areas. The large dining area is also the perfect venue for weddings, rehearsal dinners, birthday and anniversary parties and many other events.Enter through antique double doors to the comfortable lobby with guest lounge area and 2 half baths. A small, enclosed area off of the lobby is currently being used for a high-end retail store. The Wine Bar Restaurant is directly off the lobby and opens to the large dining area. Upstairs in the hotel are 8 well-appointed guest rooms with private baths depicting the charm and grace of Fayetteville and the countryside. Upstairs has a guest lounge area and coffee bar with a screen door leading out to the front balcony. The garden cottage has 2 first floor private suites. A backstairs balcony, garden and patio with fountain provides multiple outdoor spaces for guests. Centrally located 85 miles from Houston, 80 miles from Austin and 14 miles from Round Top. Fayetteville is active with restaurants, shops, art galleries, art/music festivals and is building a multi-purpose performance center a block away, drawing more and more people to this delightful town.
Listing Information
Property Type: Business Opportunities, Other
0.22 Acres 8,223 (approx) 2003
Brick
City Of Fayetteville Comm Prop
Public
Public Sewer
Electricity Connected, Other, Sewer Connected, Water Connected
Neighborhood
Room Information
Interior Features
Wood
Central Air, Electric, Zoned
Electric Heating, Ceiling
Fire Sprinkler System
Exterior / Lot Features
10 Parking Spaces, Asphalt
Brick
Community Features
Fire Sprinkler System
Driving Directions
85 miles from Houston, 80 miles from Austin and 14 miles from Round Top. The hotel is located at the corner of W Fayette St and N Washington St on the square.
Financial Considerations
1100050000361020
$10,598
Cash, Conventional
Listing Price History

Fayetteville Real Estate

Fayetteville is located in Texas. Fayetteville, Texas 78940 has a population of 333.

The median household income in Fayetteville, Texas 78940 is $65,459. The median household income for the surrounding county is $65,481 compared to the national median of $66,222. The median age of people living in Fayetteville 78940 is 45 years.

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Courtesy: Martha Turner Sotheby's, (713) 520-1981
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS
This content last refreshed on 5/18/2024 4:28 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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