115 E COMMERCE STREET, MINEOLA, TX 75773

Homes for sale in Mineola.

Homes for sale in 75773.


115 E Commerce Street

Mineola, TX 75773

Active
Open House

List Price$1,850,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21249205

20,000

Square Feet

25

Number of Units

Commercial

Type

About This Property

The Mineola icon, finally available. This 3 story boutique hotel, anchored by 2 flagship commercial spaces is positioned to shape the landscape of historic downtown Mineola. Occupying a prominent location on Commerce Street, it is front row for annual events. The lobby awes with soaring ceilings, lit by curated chandeliers, highlighting the original terrazzo floor. The adjacent hallway leads to the hideaway cigar lounge, a coffee shop, anchored by a salon.Walk through the shaded courtyard out back that boasts a covered grill, restrooms, & abundant seating under stars for evening concerts that draw in guests and weekenders. French doors open to the Liberty Lounge, a popular library and game-playing space, or those who wish to rent a private meeting space. Tucked behind are cozy caretaker quarters, laundry utlilties and a professional kitchen, with alley access. Head next door to the additional anchor space that boasts a 2nd commercial kitchen, wine bar and bespoke office-gallery totaling 2500 sq ft. The original staircase opens to the mezzanine with a peekaboo view to the reception area before leading to the ballroom. Past an original coast check, and anchored by a piano,185 guests can be accommodated.This space lends itself naturally to hosts who require  an event space for their weekend retreats. Wing one of the 2nd floor currently offers 4 finished rooms, 2 bathrooms, modest office, and storage room. The adjoining wing offers an opportunity space, ready for a finish out for future owner's custom apartment, with some original tile, brick interiors,ubiquitous high ceilings and exposed beams. The cherry on top is the 3rd floor. A collection of 13 rooms and 7 bathrooms, each with its own personality, featuring sumptuous mattresses, exposed brick interiors, individual climate-controlled units, and rooftop access. Ideal for tastemakers or entrepreneurs seeking a distinctive downtown building with character and endless potential for the ultimate work life creative space.

Open House

Thursday, Apr 30

11:00 AM - 1:00 PM

Come take a tour of this charming hotel and commercial space.Drawing for an overnight stay at this storied landmark

Property Features

Location Information

County

Wood

Subdivision

Mineola Townsites

Interior Features

Has Fireplace

No

Floors

Carpet, Hardwood, Terrazzo, Tile, Wood

Heating

Central, Electric

Tenant Pays

All Utilities

Cooling

Central Air, Electric, Multi Units

Total Number of Units

25

Exterior Features

Construction

Brick, Other, Wood Siding

Lot Size in Sq. Ft.

12,719

Foundation

Slab

Possible Best Use

Hotel/Motel

Roof

Other, Synthetic

Zoning

commercial residential

Utilities

Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Separate Meters, Water Available

Building Total Area (Sq. Ft.)

20,000

Security System

Security System, Carbon Monoxide Detector(s), Fire A

Has View

Yes

Parking Description

Parking Lot, On Street

View Description

Park/Greenbelt

Lot Size in Acres

0.292

Is One Story

No

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Tax Annual Amount

13932.0

Property SubType

Business

Community Features

Sidewalks

Year Built

1885

Lot Acres Source

Appraiser

Similar Listings

Mortgage Calculator

$8,638

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$6,666

Monthly Tax

$1,541

Monthly Insurance

$431

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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