FOR SALE HOTEL BEAUMONT 625 ORLEANS STREET $2,900,000 BEAUMONT, TEXAS 77701 PROPERTY FEATURES: • Historic building in Downtown Beaumont • 101,365 SF, 11 stories, with 2-story lobby and basement • Three elevators (1 freight, 2 passenger) • Within walking distance to many downtown area eateries and museums • Equipped with sprinkler and security system • Over $7M restoration completed in 2000 • Situated on 0.613 acres • Zoned Central Business District • Built in 1922 for a little over $1MM FOR MORE INFORMATION: • Downtown is a historic district with many museums and historical buildings Lee Y. Wheeler, III CCIM • Wonderful opportunity with historic preservation credits Thomas409.899.3300 T. Williams possible +1lwheeler@wheeler 409 899 3300 x102-commercial.com
[email protected] 470 Orleans 12th Floor • Beaumont, TX 77701 • 409.899.3300 • wheelercommercial.com NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED. HISTORIC PROPERTY HOTEL BEAUMONT Additional Information • Located beside the historical Jefferson Theatre • Hotel Beaumont received its own Historical Designation in 1978 • Positioned on the lit corner of Orleans & Fannin in downtown Beaumont • Last used as a retirement community • Beautiful property with many possibilities 470 Orleans 12th Floor • Beaumont, TX 77701 • 409.899.3300 • wheelercommercial.com HISTORIC PROPERTY HOTEL BEAUMONT Financial Information Acquisition: $3,300,000 Pre-Construction Costs: $102,300 Renovation: $4,489,605 Misc.