Built about 1870 by M.E. Steele on the site of an early log hotel, this is one of Georgetown's oldest commercial structures. During Steele's ownership it housed a mercantile and a bank. Emma Dickman Makemson later operated a hotel here from the early 1900s until 1924. Exhibiting influences of the Italianate style, the building features a truncated roof, corner entry, ornate frieze below the roofline, and finely crafted stonework. Recorded Texas Historic Landmark - 1988