109 E Erwin St., Tyler, TX 75702
- $3,995,000
- 7,500 sq ft
- Commercial
- Listing #24004912
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.
Price | $3,995,000 |
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Property Type | Commercial |
Listing # | 24004912 |
Status | Active |
Listing Type | For Sale |
Square Feet | 7,500 |
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Lot Size | 0.057 acres |
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Virtual Tour URL | https://youtu.be/eCALRcfKs1w |
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Courtesy of Gonzalo Egaña, NextHome Neighbors
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Estimated taxes and insurance are not included. Mortgage calculator source: NextHome, Inc.