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