301 Ne Barnard St, Glen Rose, TX 76043

$1,100,000

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List Price
$1,100,000
Price Change
▼ $150,000 1772783517
MLS#
21098961
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Construction Status
Preowned
Acres
0.65
County
Somervell
City
Glen Rose
Subdivision
Glen Rose Townsite

Property Description

Barnard Street Cottages and Hotel building is ready for your vision and dreams. This unique property is ready to come back to life and can be used for boutique hotel, cottages, bed and breakfast and so much more. This property is one block from the Historic Glen Rose square and encompasses almost a full city block with additional lot across the street. The main building was built in early 1900 around 1912 and once operated as the Lane Hotel. Main building is 3 story, with 2 of them used as guest rooms and the main building could have up to 14 guest rooms, the 3rd floor is currently being used as storage, but is decked and has some stud walls and could be a shop area, storage or whatever your imagination brings, also on the grounds in 3 cottages, 1 is a 2 bedroom cottage, other 2 cottages are single bedroom and bath with a coffee bar area. The 3 cottages have been recently updated and are more readily available to be ready for use. The hotel will need to be renovated or remodeled, but has various stages of renovations. Glen Rose is a booming area, with shops, festivals and lots of opportunities to build this into a destination hotel and cottages. River is just down the street, Fossil Rim, Dinosaur valley state park, concerts, music, golf courses within a few miles, and events. Just over an hour from DFW and near Historic Granbury, Stephenville and Cleburne this makes this hotel and cottages a great opportunity to invest and redo for your own ideas and vision. Grounds have trees, old well and so much to offer within walking distance to the square, places to eat, visit and listen to music.

Additional Information

Unexempt Taxes
$18,283
Lot Size
28,314
Acres
0.65
Lot Description
Few Trees
Flooring
Vinyl, Wood
Foundation
Pillar/Post/Pier
Roof
Metal
Building Stories
2
Parking Garage
Asphalt, Carport, Open, On Street
Possession
CloseOfEscrow
Proposed Use
Hotel/Motel, Office, Retail
Inclusions
Building Only, Land & Improvements
Community Features
Sidewalks

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Steve Berry from Keller Williams Brazos West. Contact: 817-408-7030