Address
2802 N Highway 84, Coleman, TX
Price
$ 689,000
Property Attributes
- MLS#20409140
- TypeCommercial
- CountyCOLEMAN
- CityColeman
- NeighborhoodA0187 Etrr Co Sur 41 - Acres 2.01 - Budget Inn Acr
- Zip76834
- StyleHotel/Motel
- Year Built1960
- Taxes$ 5368
- Price$ 689,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2.77 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Have you ever dreamed of being your own boss and owning your own business? Did that dream include having a great location, high visibility, and high traffic? Look no further. This fully-operational motel on the north side of Coleman, TX, may be your answer. 18 double rooms with queen sized beds and 13 single rooms with king sized beds. Covered parking in front of each room. Covered check-in parking. Nice onsite 3 bed 3 bath managers apartment. A restaurant building not in use conveys with the property, as well as a few storage sheds. Tax records are available for prequalified buyers. Use your imagination and some modifications to turn it into a different business. Location, location, location! No matter what business you open here, over 2.5 acres at the crossroads of heavily traveled Highways 84 and 206, will surely get you noticed!
| Price History | |
|---|---|
| 8/17/2023 | Listed $750,000 |
| 2/16/2024 | 9% - $689,000 |
General Features
| Heating | Electric |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Utilities | City Sewer,City Water,Electricity Connected |
| Ceiling Height | 8 to10 Feet |
| Possession | Closing/Funding |
| Roof | Metal |
| Exclusions | Personal Items |
| Year Built | 1960 |
| Tenant Pays | Other |
| Business Type | Hotel/Motel |
| Business Name | Budget Inn |
| Unexempt Taxes | 5368 |
| Building Use | Hotel/Motel |
| Will Subdivide | No |
| Gross Annual Expenses | 116142.00 |
| Property SubType | Hotel/Motel |
| Subdivision Name | A0187 ETRR CO SUR 41,ACRES 2.01,BUDGET INN ACRES |
| Zoning Description | Commercial |
| County | Coleman |
| Property Type | Commercial Sale |
| Construction Materials | Brick |
| Year Built Details | Preowned |
| Status | Active |
| Directions | North side of Coleman at Hwy 84 & Hwy 206 intersection**Buyer to Verify Measurements,Taxes,& All Information** |
| City | Coleman |
| Buyer Agent Compensation | 3 |
| Street Name | Highway 84 |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20409140 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Carpet,Laminate,Tile |
|---|---|
| Total Stories | 1 |
| Total Units | 31 |
| SQFT Gross | 24017 |
| Lock Box Type | None |
Exterior Features
| Lot Size Source | Appraiser |
|---|---|
| Parking Features | Asphalt,Covered |
| Lot Size | 1 to < 3 Acres |
| Foundation | Slab |
| Lot Size Area | 2.7700 |
| Lot Size Units | Acres |
| Building Area Total | 11570.00 |
| Lot Size Square Feet | 120661.2000 |
| Lot Size Acres | 2.7700 |
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 76834
Price
Taxes
Visits
Year Built
Walkscore
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
