Se Connecter/S’inscrire
Votre courriel a été envoyé.
701 Commerce St
Dallas, TX 75202
Downtown Dallas Hotel Conversion Opportunity · Bureau Propriété À vendre
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- The property offers exceptional versatility in its design and zoning, making it ideal for future hotel use.
- While the interior has undergone extensive renovations, the historic character of the Katy Building has been meticulously preserved.
- State Tax Benefit: A 25% tax credit on qualified rehabilitation expenditures, applicable to projects exceeding $5,000 in costs.
- Developers have several concept options to explore, including luxury, lifestyle, upscale, boutique, or micro-hotel models, to suit market demands.
- For the financial analysis, HVS has projected 75 guestrooms, based on an assumed building allocation of 750 square feet per guestroom.
- Federal Historic Tax Credit: A 20% tax credit on qualified rehabilitation expenditures on federal income tax (with no limit).
Résumé de l'annonce
For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=151548
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the exclusive opportunity to acquire the Katy Building, a historic Beaux-Arts architectural gem located at 701 Commerce Street. This distinguished property, perfectly positioned for redevelopment into a hotel, offers immense potential for future use. Located in Dallas’s West End Historic District, the property enjoys a prestigious position directly opposite the John F. Kennedy Memorial Plaza.
CALL-FOR-OFFERS DATE: THURSDAY, JUNE 26, 2025
All offers to purchase the hotel are due Thursday, June 26, 2025, by 5:00 PM CDT.??????? Please send proposals directly to HVS Brokerage & Advisory, c/o Eric Guerrerro, via email.
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the exclusive opportunity to acquire the Katy Building, a historic Beaux-Arts architectural gem located at 701 Commerce Street. This distinguished property, perfectly positioned for redevelopment into a hotel, offers immense potential for future use. Located in Dallas’s West End Historic District, the property enjoys a prestigious position directly opposite the John F. Kennedy Memorial Plaza.
CALL-FOR-OFFERS DATE: THURSDAY, JUNE 26, 2025
All offers to purchase the hotel are due Thursday, June 26, 2025, by 5:00 PM CDT.??????? Please send proposals directly to HVS Brokerage & Advisory, c/o Eric Guerrerro, via email.
Faits sur la propriété Sous contrat
Type de vente
Investissement
Type de propriété
Bureau
Sous-type de propriété
Bureau résidentiel
Taille du bâtiment
56 125 pi²
Classe d’immeuble
B
Année de construction/rénovation
1912/2015
Prix
12 609 540 $ CAD
Prix par pi²
224,67 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
8 étages
Superficie de plancher typique
7 016 pi²
Coefficient d’occupation des sols de l’immeuble
3,79
Taille du lot
0,34 AC
Zonage
Central Area District 1 - Commercial
Commodités
- Accès 24 heures
- Installations de conférences
- Restaurant
- Affichage
- Cuisine
- Espace d'entreposage
- Clef en main
- Climatisation
Impôts fonciers
| Numéro de lot | 00000100243000000 | Évaluation des bâtiments | 3 258 663 $ CAD |
| Évaluation du terrain | 1 275 129 $ CAD | Évaluation totale | 4 533 792 $ CAD |
Impôts fonciers
Numéro de lot
00000100243000000
Évaluation du terrain
1 275 129 $ CAD
Évaluation des bâtiments
3 258 663 $ CAD
Évaluation totale
4 533 792 $ CAD
1 de 13
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
