Opportunity to own a rare investment property in Historic Jefferson, Texas ! Standalone building built in the 1860s. Property underwent a major restoration in 2009 with $1 million invested, that has brought it back to its original, extraordinary glory. For 160+ years, this 4050 square foot building has been a pinnacle to community in its historic downtown setting, bringing in tourists, locals and everything in-between. Two-story building offers two different sources of income for investor. Building is currently under a Three year lease. Saloon style restaurant occupies bottom floor of the building with a long-term lease. Restaurant is not for sale. Top floor of the building houses a 2 bedroom, 2.5 bathroom apartment set up for vacation rental accessibility for events and visitors. Jefferson hosts many events, is ported off of Caddo lake and a small drive down to Lake O The Pines. The am...
Opportunity to own a rare investment property in Historic Jefferson, Texas ! Standalone building built in the 1860s. Property underwent a major restoration in 2009 with $1 million invested, that has brought it back to its original, extraordinary glory. For 160+ years, this 4050 square foot building has been a pinnacle to community in its historic downtown setting, bringing in tourists, locals and everything in-between. Two-story building offers two different sources of income for investor. Building is currently under a Three year lease. Saloon style restaurant occupies bottom floor of the building with a long-term lease. Restaurant is not for sale. Top floor of the building houses a 2 bedroom, 2.5 bathroom apartment set up for vacation rental accessibility for events and visitors. Jefferson hosts many events, is ported off of Caddo lake and a small drive down to Lake O The Pines. The amenities are endless in this tourist-centric town. Building not only offers two forms of cash flow, but gives an opportunity to own a piece of Jefferson History.
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Research Parcel InformationFrom Intersection of US-59 and TX-49 head east on TX-49/Texas Forest Trail/E Broadway St. Continue to follow Texas Forest Trail to Dallas Street. Take Rt. on Dallas Street, McGarity's Restaurant & Saloon is on the Left.