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109 E Erwin Street Tyler, TX $ 3,995,000
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109 E Erwin Street
$ 3,995,000
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109 E Erwin Street

Tyler, TX, 75702
$ 3,995,000
Baths0.0

Monthly Estimate*

$ 27,906

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Studio

Commercial Property for sale in Tyler, TX

for $3,995,000. This building was built in 1983 on a lot size of 0.057.

The Thomas Hotel: An iconic 8-room boutique hotel offering intimate accommodations and warm service in downtown Tyler, Texas. Located on the historic square, it seamlessly blends modern amenities with historic charm, providing a unique Tyler experience. The lobby bar serves some of the best cocktails, creating a welcoming atmosphere for locals and travelers alike. Named the number one city in Texas to move to by USA Today, Tyler offers proximity to healthcare, affordable living, and a high quality of life. Surrounding historic spaces are undergoing a redesign, including a new Smith County Courthouse. This investment opportunity allows you to own a piece of history in one of the fastest-growing real estate markets.

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Commercial Active

Price

$ 3,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 13,061

Style

Hotel/Motel

Lot Size

0.057

Year Built

1983

Town/City

Tyler

County/Region

Smith

MLS | Web ID

20590014
Features
General
Heating Central Electric
Cooling Central Air Electric
Utilities City Sewer City Water
Ceiling Height 8 to10 Feet 15 to 20 Feet
Possession Closing/Funding
Roof Flat
Year Built 1983
Business Type Hotel/Motel
Property SubType Hotel/Motel
Subdivision Name City Of Tyler
County Smith
Property Type Commercial Sale
Construction Materials Brick Wood
Year Built Details Preowned
Status Active
Directions Go north on Hwy 69. At the intersection of Erwin and Broadway-Hwy 69 go East. Property on the right.
City Tyler
Buyer Agent Compensation 3
Street Name Erwin
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Flooring Luxury Vinyl Plank
Total Stories 3
Total Units 8
Street Suffix Street
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Exterior
Lot Size Source Assessor
Parking Features On Street
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 7500.00
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Internal Only
Street Number 1 109
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* Excluded Features
List By
Gonzalo Egana

Listing Agent

Nexthome Neighbors

Broker

Affordability Calculator

$28,995
Per Month
96%
4%
0%
Monthly Principal & Interest
$27,906
Monthly Property Taxes
$1,088
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/19/2024$3,995,000 Listed Price

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109 E Erwin Street, Tyler, TX, 75702 is a Commercial Property for sale at $3,995,000 with a lot size of 0.057. 109 E Erwin Street is a studio with 0.0 baths and was built in 1983. The property's zip code is 75702 which is in Tyler, TX

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