Historic Hotel Beaumont

MLS #: 19762041
Listing Type: For Sale
Property Type: Commercial
Price: $3,300,000
Location: 625 Orleans
Beaumont
Texas 77701
Style: Beaux Arts
Year Built: 1922
Half Bathrooms:
Lot Size (acres): 0.6129
Size (square feet): 101,365
Condition: Project - needs work
Additional Out Buildings:
Submission Date: 09-14-2016
Last Update: 11-21-2016
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Agent Details: Lee Wheeler
Company Name: Wheeler Commercial
Phone Number: 409-899-3300
Fax: 409-899-3301
Cell Number:
**UNDER CONTRACT** Beautiful, historic Hotel Beaumont built in the "Beaux-Arts" architectural style, received its' historical designation in 1978. Located on the lit corner of Orleans and Fannin in downtown Beaumont. Major renovations were completed in 2000 throughout the hotel. The property is surrounded by many museums and historical buildings. Would be a fantastic hotel as there is no competition downtown and it is needed. The building was built in 1922 for a little more than $1M. In 2003 a $7.5M restoration was completed and it won Texas' Best Restoration given by The Texas Downtown Association. It consists of 135 total rooms that include; 115 studio type units at 217 SF, 5-one bedroom units that are 472 SF and 15 CBA units that are 242 SF. Current property taxes are $38,248.92. The property is currently VACANT. While some work is needed, it is not drastic. The bones are solid. One of the most beloved buildings in all of SETX.
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Lobby
While the furniture is no longer there the lobby looks the same plus a little dust and cobwebs






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