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Von Minden Hotel 607 Lyons Ave

34 Room Hotel Schulenburg, TX 78956 For Sale

Investment Highlights

  • The Von Minden Hotel is a 34-room, four-story, interior corridor hotel, spanning 17,000 square feet. The property is currently closed for operations.
  • Close to key local businesses such as Bunch Wholesale Company (.5 miles), Prime Products (.7 miles), and Perdue Foods (1 mile).
  • Positioned approximately 100 miles from San Antonio, 90 miles from Houston, and 80 miles from Austin.
  • Near Weimar Golf Course (8.6 miles), Texas Polka Music Museum (387 feet), Stanzel Model Aircraft Museum (.5 miles), and the Painted Churches Tour.

Executive Summary

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Von Minden Hotel (‘Hotel’ or ‘Property’) located in Schulenburg, Texas. Hotel is offered on a “call for offers” basis. Please reach out to the listing agent for more information.
The Von Minden Hotel is a 34-room, interior corridor, four-story Hotel located at 607 Lyons Avenue, Schulenburg, Texas. Built in 1927, the 17,000 square foot building is currently closed for operations.
Schulenburg, Texas, situated in Fayette County, offers a compelling investment opportunity in the hospitality sector due to its strategic location. Dubbed "halfway to everywhere," Schulenburg enjoys excellent accessibility due to its proximity to major transportation routes. Interstate 10 and US Highway 77 intersect nearby, enabling convenient travel to and from larger metropolitan areas. Located approximately 100 miles from San Antonio, 90 miles from Houston, and just 80 miles from Austin, the capital of Texas, Schulenburg benefits from its proximity to major urban centers as a convenient stopover for travelers while retaining its unique rural charm.
Located near the property are several key businesses that contribute significantly to the local economy including entities such as Bunch Wholesale Company (BWI - .5 miles), Prime Products (.7 miles) and Prime Industries (1.1 miles), and Perdue Foods (1.0 mile).
An array of attractions enhances the local area surrounding the property, making it an enticing destination for diverse clientele. Wolters Park (.8 miles) offers serene walking paths, picnic areas, and playgrounds, appealing to families and outdoor enthusiasts alike. The Weimar Golf Course (8.6 miles) presents an esteemed 18-hole championship layout renowned for its challenging design and scenic vistas, attracting avid golfers regionally and beyond. Culture enthusiasts are drawn to the Texas Polka Music Museum (387 feet), which celebrates the rich heritage of Texas polka music through interactive exhibits and historical artifacts. Similarly, the nearby Stanzel Model Aircraft Museum (.5 miles) showcases a noteworthy collection of vintage model aircraft, appealing to aviation enthusiasts and history aficionados seeking a unique glimpse into aviation history. The renowned Painted Churches Tour scheduled through the Schulenburg Chamber of Commerce (.3 miles) highlights the architectural splendor of historic churches adorned with intricate frescoes, drawing thousands of visitors annually to experience Schulenburg's unique cultural heritage firsthand. These attractions collectively elevate Schulenburg's appeal as a dynamic destination, strategically positioning the hotel to cater to a discerning clientele seeking both leisure and cultural enrichment in this vibrant community.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type Investment
Sale Conditions
Build to Suit
  • Redevelopment Project
  • Building in Shell Condition
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.18 AC
Building Size 17,036 SF
No. Rooms 34
No. Stories 4
Year Built/Renovated 1927/2024
Corridor Interior

Amenities

  • Business Center
  • Restaurant
  • On-Site Retail
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Boutique/Lifestyle Hotel
  • Bed & Breakfast
  • Meeting Event Space
  • Public Access Wifi
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 34 $52.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R44866
Land Assessment
$39,150
Improvements Assessment
$521,790
Total Assessment
$560,940
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024

zoning

Zoning Code MF3 (Commercial use.)
MF3 (Commercial use.)
  • Listing ID: 33073215

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 607 Lyons Ave, Schulenburg, TX 78956

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