607 Elm Street

Graham, TX 76450
$1,755,000
17400 sqft | 0.21 acres | #20610781
Accepting Backup Offers

Description

Welcome to a rare investment opportunity in downtown Graham's historic district! This iconic property, steeped in local history, offers a unique blend of charm, functionality, and potential. The bottom level has been meticulously redone with all new electrical, plumbing and HVAC system, as well as original historic pieces including doors and ceiling tiles, adding character and allure. It hosts a thriving restaurant and tap house tenant. Upstairs, a previously operational hotel awaits transformation. Imagine the possibilities of converting this space into boutique accommodations, capitalizing on the burgeoning tourism industry. Enjoy the scenic downtown views from the balcony, providing an added touch of elegance and ambiance. With a new elevator shaft already in place, accessibility is seamless, enhancing the property's appeal to both visitors and locals. Don't miss this chance to invest in a piece of Graham's rich heritage while seizing the opportunity for modern commercial success.

  • Property Details
      • Stories:2
      • Lot description:Level
      • Acres:0.2066
      • Square Feet:17400.00
      • Property type:Purchase
      • Year built:1904
      • Foundation:Slab
      • Utility features:City Sewer, City Water, Electricity Connected, Individual Gas Meter
      • Subdivision:Original Graham
      • County:Young
      • MLS #:20610781
      • Cost:1755000
      • Property subtype:Business
      • MLS #:20610781

Location

Legal

© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Phil Hill shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

Last Updated: . Source: NTREIS

Listing Courtesy
Listing Agent: Stephen Reich
Listing Office: Williams Trew Real Estate

Phil HillReal Estate Group
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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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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.

Estimated Monthly Payment
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© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Phil Hill shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright