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201 W Fayette St

Fayetteville, TX 78940
  • $1,800,000
  • STATUS: Active
  • ID#: 5095270
Price Reduced
$1,800,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2003
County:
Area:

School Ratings & Info

Property listed by Linda Plant of Martha Turner Sotheby's: (713) 520-1981.

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.

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© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-02-21T00:00:31.037.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-02-21T00:00:31.037 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
www.austintexasresidence.com/homes/138678939
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201 W Fayette St Fayetteville, TX 78940

  • Price: $1,800,000
  • Status: Active
  • On Site: Days
  • ID#: 5095270
0
Beds
0
Baths
0
½ Baths
0.22
Acres
2003
Built
Neighborhood:
City Of Fayetteville Comm Prop
County:
Fayette
Area:
Fayetteville
Property 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.
Exterior Features

Attached Garage YN No Bays 0 Construction Materials Brick Garage YN No Other Structures Outbuilding Parking Features Asphalt Road Surface Type AsphaltSidewalks Waterfront YN No

Interior Features

Building Area Total 8223 Cooling Central AirElectricZoned Flooring Wood Heating CeilingElectricZoned

Property Features

Accessibility Features See Remarks Additional Parcels YN Yes Building Features BasementFurniturePrivate RestroomsPublic RestroomsWasher ConnectionsWasher Dryer Connections Current Use Bar/TavernHotel/MotelRestaurant Estimated Taxes 12593 Fema Flood Plain No Horse YN No Listing Terms CashConventional New Construction YN No Property Condition Historic Design Property Sub Type Hotel/Motel Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 10597.6 Utilities Above GroundElectricity ConnectedOtherSewer ConnectedWater Connected Water Source Public



© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-02-21T00:00:31.037.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-02-21T00:00:31.037 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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Watters International
8240 N. Mopac Expressway Suite 110
Austin TX, 78759
Property listed by Linda Plant of Martha Turner Sotheby's: (713) 520-1981.