After the discovery of oil in this area, Borger developed as a townsite in 1926. Gus (1895-1971) and John Yiantsou (1881-1948), Greek immigrants, came here from St. Louis and opened a restaurant. Gus bought this property and in 1927 erected this building, one of the first large structures in the booming town. The brothers opened Grand Hardware and Variety Store on the first floor in 1929. The second floor served as a hotel. After John's death, Gus leased the facility. The Yiantsous generously supported many local and Greek charities. (1979)