111 NE 2nd St - Hospitality FOR SALE


Smithville, TX 78957
$350,000 USD
512-567-3635
111 NE 2nd St, Smithville, TX for Sale
$350,000 USD
Hospitality - FOR SALE
1/1
null | Request Cap Rate

111 NE 2nd St
Smithville, TX 78957


HIGHLIGHTS

  • Zoned Central Business District (CBD) within Smithville’s Commercial Historic District for versatile redevelopment options.
  • Includes two sets of conceptual development plans for mixed-use or event venue designs with retail and rooftop amenities.
  • Historic 1910 structure with rich legacy as a railroad-era hotel and social hub.
  • Adjoining Honey’s Diner site also available, enabling a scaled redevelopment project.
  • Located near Hwy 71 with pedestrian-friendly access to Smithville’s eateries and shops.
  • Architectural character suited for adaptive reuse into residential, retail, or hospitality concepts.

OVERVIEW

Available now is the historic Pines Hotel property, a landmark structure in the heart of Smithville’s Commercial Historic District. Built in 1910, this three-story building spans 10,800 square feet and is zoned Central Business District (CBD), offering significant development flexibility. Two complete sets of development plans convey with the sale, designed to reimagine the building for modern use while retaining its period charm. The first set of concepts propose seven apartments across the top two floors with retail space on the first floor and a rooftop garden, creating a mixed-use centerpiece for downtown Smithville. The second plan envisions a dynamic event venue with lodging upstairs and a scenic rooftop garden, tapping into the growing trend for boutique hospitality and destination events. Both plans offer visionary potential but have not undergone mandatory third-party permitting review by the City of Smithville. With proximity to major Texas corridors such as State Hwy 71 and adjacency to Honey’s Diner—the iconic café featured in Hope Floats—this property blends cultural legacy with future-forward development opportunities. Positioned in a walkable district brimming with cafés, galleries, and historic architecture, the Pines Hotel presents a rare chance for investors to create a defining destination in one of Texas’s most storied communities.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$32 USD /SF

# OF ROOMS

14

PRICE/ROOM

$25,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pines Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1910

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,204 SF

ZONING

Central Business District

APN/PARCEL ID

19655

ASK ABOUT THIS PROPERTY

Sheila TambleTamble Realty, LLCMore Info
512-567-3635

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Sheila TambleTamble Realty, LLCMore Info
512-567-3635

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.