Address
219 Clay Street, Nocona, TX
Price
$ 1,400,000
Property Attributes
  • MLS#20497084
  • TypeCommercial
  • CountyMONTAGUE
  • CityNocona
  • NeighborhoodOriginal Townsite Nocona
  • Zip76255
  • StyleHotel/Motel
  • Year Built1980
  • Taxes$ 9741
  • Price$ 1,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8,059 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

The Red River Station Inn offers a owners suite with full kitchen and bath plus eleven well-appointed rooms, each uniquely decorated to showcase the town's rich history and tell the story of the unique characters of Montague County. Located in Historic Downtown Nocona, this 9,245 sq ft boutique hotel is in a prime location with easy access to many local shops and downtown festivities. The second story has a bar and a balcony overlooking the main thoroughfare where many annual community events occur. The balcony becomes a prime spot to witness parades, local celebrations, making it a front-row seat to the cultural heart of Nocona. This hotel has been operational by the current owners for 10 years and boasts a gift shop that can be also converted into another small business or as a leasing opportunity. This is a turnkey business with a great track record and top rated TripAdvisor reviews along with a excellent reputation. Don’t miss your chance to make this business your very own!

Price History
12/19/2023 Listed $1,400,000

General Features

Heating Central
Cooling Ceiling Fan(s),Central Air,Electric
Utilities All Weather Road,Alley,City Sewer,City Water,Electricity Connected
Ceiling Height 8 to10 Feet,15 to 20 Feet
Possession Closing/Funding
Roof Synthetic
Year Built 1980
Tenant Pays Other
Business Type Gift Shop,Hotel/Motel
Business Name Red River Station Inn
Unexempt Taxes 9741
Building Use Hotel/Motel
Owner Pays All Utilities,Common Area Maintenance,Exterior Maintenance,Roof Maintenance,Security,Sewer,Taxes,Trash Collection,Water
Will Subdivide Subdivided
Gross Annual Expenses 87000.00
Property SubType Hotel/Motel
Subdivision Name Original Townsite Nocona
Zoning Description none
County Montague
Operating Expense Includes Accounting,Insurance,Maintenance Structure,Manager,Staff,Supplies,Trash,Utilities,Water/Sewer
Property Type Commercial Sale
Security Features Security System Owned,Wireless
Construction Materials Brick,Frame
Year Built Details Preowned
Status Active
Directions Use GPS
City Nocona
Buyer Agent Compensation 3.0
Street Name Clay
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20497084
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Ceramic Tile,Combination
Total Stories 2
Total Units 11
SQFT Gross 10000
Lock Box Type None
Street Suffix Street

Exterior Features

Lot Size Source Assessor
Parking Features Alley Access,Asphalt,On Street,Outside
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Lot Size Area 0.1850
Lot Size Units Acres
Building Area Total 9245.00
Road Frontage Type FM Road
Lot Size Square Feet 8058.6000
Lot Size Acres 0.1850

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 76255

Price
AVG $1.1M
$1.4M
Taxes
AVG $3,776
$9,741
Visits
AVG 47
26
Data Provided by Inside Real Estate®
Year Built
AVG 1963
1980

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