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109 E Erwin St., Tyler, TX 75702
$3,995,000
109 E Erwin St., Tyler, TX 75702View this property at 109 E Erwin St., Tyler, TX 75702
109 E Erwin St.TylerTX75702
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Property Description
The Thomas Hotel is an iconic 8 room boutique hotel that offers intimate accommodations, warm service, and a true Tyler experience in the central and convenient location on the historic square in downtown Tyler, Texas. A unique offering, this investment provides a brand new space completed in 2022 built within the historic shell while maintaining the integrity of the exterior. Completely updated, digitized and new, this building is efficient acting as a bridge between the past and the future of downtown Tyler. The lobby bar is a refuge for locals and travelers with some of the best cocktails around. The Thomas is a place for Tylerites and Travelers to gather, meet, play, rest, recharge and experience the beauty of this magical town together. Tyler has been named by USA Today as the number one city in Texas to move to based on the proximity to healthcare, cost of living and quality of life. The surrounding historic square is embarking on a monumental redesign of the downtown public spaces. The east and west sides will connect seamlessly with a community space leading toward the new Smith County Courthouse set to be constructed. The green space will feature a multi-use structure with storage, restrooms and an amphitheater to capitalize on the area. This is a truly unique opportunity to own a piece of history and invest in one of the fastest growing real estate markets.
Full Property Details
Full Property Details for 109 E Erwin St
General
- Price: $3,995,000
- Status: Active
- Type: Commercial Residential Facility
- MLS ID: 24004912
- Updated: 4/10/2024
- Added to Site: 22 day(s) ago
Location
- County: Smith
- Driving Directions: Go north on Hwy 69. At the intersection of Erwin and Broadway/Hwy 69 go East. Property on the right.
Structural Information
- Exterior Const.: Brick and Wood
- Square Feet: 7,500
- Sq. Ft. Source: SCAD
- Year Built Source: SCAD
Lot Features
- Lot Size (Acres): 0.057
- Lot Dimensions: .057
- Potential Use: Hotel/Motel
- Zoning: Commercial
Listed by Ink Commercial Real Estate LLC, Gonzalo Egana
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Schools
Schools serving 109 E Erwin St
School District:Tyler Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
235 S Saunders Ave, Tyler, TX 75702 | PK-5 | 0.6 mi | |
Hogg Middle School
920 S Broadway Ave, Tyler, TX 75701 | 6-8 | 0.8 mi | |
3535 Lion Ln, Tyler, TX 75702 | 9-12 | 2.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 109 E Erwin St
Date
Details
Price
Change
Source
4/10/2024
Listed
$3,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 109 E Erwin St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,061
144%
$749,288
174%
2022
$5,358
-6%
$273,478
—
2021
$5,726
89%
$273,478
90%
2020
$3,024
-8%
$144,129
-6%
2019
$3,281
-8%
$153,309
-6%
2018
$3,553
-5%
$162,490
-5%
2017
$3,734
-3%
$171,671
-5%
2016
$3,861
-5%
$180,852
-5%
2015
$4,063
-4%
$191,200
-4%
2014
$4,218
-4%
$198,488
-4%
2013
$4,399
—
$207,669
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 109 E Erwin St
109 E Erwin St., Tyler, TX 75702 (MLS# 24004912) is a Commercial Residential Facility property. 109 E Erwin St. is currently listed for $3,995,000 and was received on April 10, 2024. Want to learn more about 109 E Erwin St.? Do you have questions about finding other Commercial Residential Facility real estate for sale in Tyler? You can browse all Tyler real estate or contact a Coldwell Banker agent to request more information.