107 S Austin StreetComanche, TX 76442

Description

**Owner financing available!** ADDITIONAL FINANCING POTENTIAL: Qualifying redevelopment projects may be eligible for CTEDC economic development funding, including performance-based loans. CTEDC specifically considers projects supporting downtown revitalization, new business attraction, job creation, tax revenue growth, and private capital investment. Funding is subject to application and approval. Positioned just off the square in downtown Comanche, this iconic three-story building offers a rare opportunity to create a landmark mixed-use property or distinctive boutique hotel in one of Central Texas’ most charming small towns. The ground level features three retail spaces, ideal for boutiques, cafés, a hotel lobby, restaurant concept, or service businesses that could complement a hospitality-focused redevelopment. A cornerstone laid by local Masonic lodges in 1909 highlights the building’s historic character and adds the kind of story and charm that can set a boutique hotel apart. The downtown square offers nightlife, local shopping, diverse dining, and new wineries and businesses that continue to strengthen the area’s appeal. The second floor includes seven efficiency-type apartments, providing a strong foundation for guest suites, extended-stay accommodations, long-term rentals, or workforce housing. The third floor features a large, natural light-filled ballroom-style space with separate access, creating potential for an event venue, lounge, private club, co-working space, or signature hotel amenity. This level also includes an apartment with town views, ideal for an upscale bridal suite, owner’s quarters, or executive rental. Ready for renovation, the building offers a blank canvas with multiple potential income streams from lodging, retail, residential, food and beverage, events, and specialty uses. Great opportunity to transform this historic downtown property into a boutique hospitality destination, mixed-use investment, or cornerstone redevelopment.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Year built

1909

Living area

17,250 Sq Ft

Lot size

0.14 acres

Days on market

247

MLS^® Listing#

21160456

Property Features

Interior

Built-in Features · Chandelier · Vaulted Ceiling(s)

Exterior

Awning(s)

Appliances

Electric Range · Refrigerator

Cooling

Central Air · Electric · Wall Unit(s) · Window Unit(s)

Heating

Central · Electric · Natural Gas

Flooring

Carpet · Ceramic Tile · Concrete · Hardwood · Laminate

Parking

Asphalt · Concrete · Off Site · Parking Lot · Paved · Unpaved

Patio

Awning(s)

Fencing

None

Lot features

Corner Lot

Construction

Brick

Foundation

Slab

Roof

Asphalt · Tar/Gravel

Sewer

Public Sewer

Water source

Public

Rooms

Schools

Elementary

Comanche

Middle

Comanche

High

Comanche

District

Comanche ISD

Financial Details

Annual taxes

$17,522

Parcel number

2681

Directions

GPS Friendly; right on the corner of Central Avenue and Austin Street.