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$ 995,000
Est. payment | /mo
8,058 Sqft Lot
$ 995,000
Est. payment | /mo
8,058 Sqft Lot
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision Original Townsite Nocona
MLS Listing ID 20497084
Total Fin. Sqft 9245
Year Built 1980
Annual Tax Amount $9,741
Lot Size 8,058 Sqft
Acres 0.185
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 could be 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!
Location
State TX
County Montague
Zoning none
Direction Use GPS
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Ceramic Tile, Combination
Heat Source Central
Exterior
Utilities Available All Weather Road, Alley, City Sewer, City Water, Electricity Connected
Roof Type Synthetic
Garage No
Building
Foundation Slab
Structure Type Brick,Frame
Others
Ownership of record
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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Listed by Matthew Fenoglio • Superior Land & Homes LLC