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Historic Redland Hotel 330 E Main St

13,113 SF Flex Building Nacogdoches, TX 75961 $3,990,000 ($304/SF)

Investment Highlights

  • Historic Downtown Nacogdoches

Executive Summary

Turn of the 20th Century, 1906, Redland Hotel in Historic Downtown Nacogdoches in the process of renovations. Each of the 3 floors has 4371 sq. ft. for a total of 13,113 sq. ft. The 1st floor has a commercial kitchen ready now for a restaurant/event center/retail. This floor is about 70% complete for new Owners to open. The 2nd & 3rd floors were hotel rooms & ready for renovations to lofts/hotel rooms/apartments.
The property can be leased for $1/sqft/month, minimum 5 years. Sellers are a Construction Co & can be hired to renovate for Lessee, if desired. There is also a small basement in the rear of the building but will not be part of the leasable sqft. Seller is retaining mineral, if any.

Property Facts

Price $3,990,000
Price Per SF $304
Sale Type Investment or Owner User
Property Type
Flex
  • General Retail Restaurant
Lot Size 0.10 AC
Rentable Building Area 13,113 SF
No. Stories 3
Year Built/Renovated 1906/2024
Tenancy Single
Opportunity Zone Yes

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22977
Land Assessment
$46,580
Improvements Assessment
$230,939
Total Assessment
$277,519

zoning

Zoning Code B3 (Central Business)
B3 (Central Business)
  • Listing ID: 27193822

  • Date on Market: 11/28/2022

  • Last Updated:

  • Address: 330 E Main St, Nacogdoches, TX 75961

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