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209 N Madison Street, Madisonville, TX 77864

$650,000

  • For Sale
  • Active
  • Commercial
  • 7,582 Sq. Ft.
  • 2.043 Acres
209 N Madison Street, Madisonville, TX 77864 View this property at 209 N Madison Street, Madisonville, TX 77864
209 N Madison Street Madisonville TX 77864

Property Description

Historical Hotel and Restaurant, plus event venue in Downtown Madisonville, Texas. All furniture and fixtures are included in the sale. Very inviting antique décor appealing to the most discerning guests. Eight private guest rooms with private baths, luxurious. Parlor areas, dining rooms and quaint nooks stage income producing events. Entering into the Woodbine Hotel is like stepping into the past in grand style, 2 story, full kitchen, majestic staircase. The Management and staff offer hands on transition during & after the sell. The Hotel has a bar, gazebo and gardens. Five land parcels are included for the buyer's pleasure. A must see for the investor, or retirement income, or enterprise minded buyer Buy Now

Full Property Details for 209 N Madison Street

  • Price: $650,000
  • Taxes: $8,325
  • Status: Active
  • Type: Commercial
  • MLS ID: 13584346
  • Updated: 5/3/2017
  • Added: 34 day(s) ago

Property History

  • 209 N Madison Street, Madisonville, TX
  • Listed at $650,000 on 4/21/17

Business

  • Name: Woodbine Hotel & Res

Interior

  • Flooring: Wood

Additional Information

  • Other Features: Computer Ready, Cooler/Freezer, Fire Sprinklers, Inside Storage, Living Areas

Parking

  • Parking Features: Area Assigned, Front, Outside Entry, Rear

Location

  • County: Madison
  • Driving Directions: South from Dallas to Hwy 21 turn right going west to Downtown District. North from Houston to Hwy 21 West go to Downtown area. Madisonville, Texas. GPS address 209 North Madison Street, Madisonville, Texas 77864.

Heating & Cooling

  • Heating/Cooling: Additional Water Heater(s), Central Air-Elec, Central Heat-Gas

Utilities

  • Utility Description: All Weather Road, Asphalt, City Sewer, City Water, Curbs, Individual Gas Meter, Individual Water Meter

Structural Information

  • Roof: Metal
  • Ceiling Height: 15 to 20 Feet, 8 to10 Feet
  • Stories/Levels: 2
  • Square Feet: 7,582
  • Sq. Ft. Source: Tax
  • Current Bldg. Use: Bar/Taverns, Designated Historical Bldg., Hotel/Motel, Restaurant
  • Year Built: 1904

Lot Features

  • Lot Size (Acres): 2.043
  • Lot Size (Sq. Ft.): 88,993.08
  • Lot Size: 2.043
  • Lot Size Source: Tax
  • Development Status: Preowned

Financial Considerations

  • Tax Amount: $8,325
  • Tenant Pays: All Utilities, Electric, Gas, Maintenance Room, Sewer, Water, Yard Care

Disclosures and Reports

  • Multiple Parcels: Yes
  • Legal Description: MADISONVILLE TOWNSITE BLK 24 (PT) WOODBINE HOTEL .
  • Inclusions: Business, Furniture, Inventory, Land & Improvements
  • APN: 24856
  • Block: 24

Listed by The Michael Group, Karen Rice

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Estimate the Cost

209 N Madison Street will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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209 N Madison Street, Madisonville, TX 77864 (MLS# 13584346) is a Commercial property. 209 N Madison Street is currently listed for $650,000 and was received on April 21, 2017. Want to learn more about 209 N Madison Street? Do you have questions about finding other Commercial real estate for sale in Madisonville? You can browse all Madisonville real estate or contact a Coldwell Banker agent to request more information.

Listed by The Michael Group, Karen Rice