218 S Market ST Flatonia, TX 78941
UPDATED:  
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795000
/mo

0Bed

0Bath

-1SqFt

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Key Details

Property Type: Commercial

Sub Type: Hotel/Motel

Listing Status: Active

Purchase Type: For Sale

Lot Size: 0.260 Acres

Year Built: 1900

MLS Listing ID: 4916840

Subdivision: City Of Flatonia 400

Property Description

Enjoy the grandeur of the historic Olle Hotel. This gem offers 12 bedrooms with 13 private bathrooms. Beautifully furnished turn-key operation with all the amenities one would expect with first class lodging. Located in the backyard is a 590 SF 1 BR, 1 BH cozy furnished cottage. The cottage could be used to house the owners and there is ample room to enlarge the cottage if desired. Included with sale is a separate laundry building with two commercial washers and commercial dryers, along with three regular washers/ dryers. In walking distance are fantastic restaurants, wine bars and a tavern. The Olle is located close to the famous painted churches, wineries, the Shiner Brewery, along with many local festivals and events within a thirty-mile radius. The Olle is centrally located between Houston and San Antonio, a mile from I-10, in a registered National Historic District.

PLEASE NOTE THE NUMBER OF BEDROOMS AND BATHS INCLUDE THE HOTEL AND COTTAGE. THE HOTEL HAS 12 BEDROOMS AND 13 BATHS, THE COTTAGE HAS 1 BATH. The owner has a long term lease with the cottage adjacent to the north of the OLLE and sub leases this property. The hotel has been featured in several travel magazines and travel books, including four times in Texas Highways magazine. The Olle has earned stellar ratings, as can be viewed on such sites as Trip Advisor. Check out the Olle Web page at http://www.ollehotel.com.

*** Property is fully furnished and equipped and ready to operate under new ownership.
*** Interactive map located in the bottom area of this listing.
*** Owner subleases the cottage to the north . Ask listing agent for more information.
*** Ask to see inventory list of items to convey with accepted offer

Location

State: TX

County: Fayette

Area: Fc

Interior

Heating: Central,See Remarks

Cooling: Central Air,See Remarks

Flooring: Wood

Heat Source: Central,See Remarks

Exterior

Pool: Seller Disclosure

Utilities Available: See Remarks

Accessibility: See Remarks

Parking Type: See Remarks

Total Parking Spaces: 10

Building

Dwelling Type: Hotel/Motel

Sewer: Public Sewer

Water: Public

Others

Tax Year: 2020

Security Features: See Remarks

Acceptable Financing: Cash,Conventional

Special Sale: See Remarks

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Listing provided by  Holub Real Estate, LLC

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    Kandy Gutierrez Pure Realty
    Kandy Gutierrez

    Agent License ID: 716437

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