300 E Main Street

Denison, TX 75021
$850,000

Description

The Historic Travelers Hotel, located in the heart of downtown Denison on Main Street, presents a unique investment opportunity for those seeking to capitalize on the area's cultural renaissance. This property, with its stunning Saxony German design and over 9,000 square feet of exquisite architectural details, offers versatile potential as a boutique hotel, upscale apartments, a bed and breakfast, or a classic home. Dating back to the late 1800s, the hotel is surrounded by a vibrant community rich in charm and entertainment, featuring a variety of eateries, galleries, boutiques, wineries, breweries, and museums. The 1st Floor was built by Ernst Martin Kohl in 1893 to house a Grocery store & a Saloon. He added the top 3 floors from 1909-1911 as a place for his family to reside. In the 1930's, this building became the Travelers Hotel. The proximity to Lake Texoma, the 12th largest lake in the United States, enhances the appeal of this historic property, making it an ideal investment in a flourishing artistic environment.

  • Property Details
      • Stories:3
      • Acres:0.2100
      • Property type:Purchase
      • Year built:1893
      • Foundation:Other
      • Utility features:City Sewer, City Water
      • Subdivision:OTP DENISON
      • County:Grayson
      • MLS #:20781101
      • Cost:850000
      • Property subtype:Hotel/Motel
      • MLS #:20781101

Location

Brenda MancilBrenda Mancil REALTOR®
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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