607 Elm StGraham, TX 76450

For Sale
$1,755,000

Downtown gem: Restaurant, hotel potential.

Overview

Added:
Feb 3
Days on market:
39
This exceptional 17,400 square foot property, situated on a 0.21-acre lot at 607 Elm Street in Graham, Texas, presents a remarkable investment opportunity within the city's historic district. The building boasts a captivating blend of preserved historical charm and modern functionality. The ground floor has undergone a complete renovation, featuring brand new electrical, plumbing, and HVAC systems. Original historical elements, such as doors and ceiling tiles, have been carefully preserved, adding to the property's unique character and appeal. Currently, this level houses a successful restaurant and tap house, providing immediate income potential. The upper level, formerly a hotel, offers significant redevelopment potential. This space presents a unique opportunity to create boutique accommodations, catering to the growing tourism sector. A balcony provides scenic downtown views, enhancing the overall ambiance and appeal. A new elevator shaft is already installed, ensuring convenient accessibility for all. This property represents a rare chance to acquire a piece of Graham's rich history while simultaneously capitalizing on the potential for significant commercial success in a vibrant downtown location. The asking price is $1,755,000.

Property Details for 607 Elm St

Property type
Other commercial real estate
Square Feet
17,400 SF
Year Built
1904
Lot Size (sq. ft)
9,148 SF

Location Insight

City
Graham
County
Young
State
Texas
Latitude
33.1054
Longitude
-98.58908
607 Elm St, Graham, Texas

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607 Elm St
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