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1123 E 11th St
Austin, TX 78702
The Frances Modern Inn · Hospitality Property For Sale · 7,862 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.16 AC
Building Size 7,862 SF
No. Stories 4
Year Built/Renovated 2016/2023
Parking Ratio 0.63/1,000 SF
Corridor Exterior
Zoning CS-1-NCCD-NP

AMENITIES

  • Balcony
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

ABOUT 1123 E 11TH ST , AUSTIN, TX 78702

East Austin Boutique Hotel Opportunity - Including Land, Building, and Business Now available, the unique opportunity to purchase a fully operational boutique hotel in the heart of East Austin. The Hotel Cat Noir (formerly Hotel Eleven) is a 14-room boutique hotel located just three blocks East of I-35 on E. 11th St. The 3 story steel frame structure was built in 2016, and includes - 550sqft "owners loft" additional suite - Patio seating in front and back of level 1 - 800sqft basement storage - Fully functional commercial kitchen - Level 1 office, front desk, living room, bar/restaurant (Beer & Wine Only) - Elevator Access - 8 parking spots on-site, two-car garage used for storage - Rooftop terrace New ownership will inherit existing bar/restaurant NNN lease with Uncle Nicky's Italian Specialties - an all-day cafe and bar serving upscale Italian fare alongside coffee, pastries, beer and wine. Lease expires 8/25, buyout clause included in lease. The property is currently a fully functional hotel and ready for a motivated owner or operator to take over!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
778214
Land Assessment
$1,004,220
Improvements Assessment
$2,216,395
Total Assessment
$3,220,615
  • Listing ID: 24018787

  • Date on Market: 9/1/2021

  • Last Updated:

  • Address: 1123 E 11th St, Austin, TX 78702

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