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219 Clay Street

Nocona, TX 76255
  • $1,400,000
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: 20497084
UPDATED: 21 min ago
$1,400,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1980
County:
Area:

School Ratings & Info

Offered by Matthew Fenoglio of Superior Land & Homes LLC: 940-825-6094.

Description

TheRed River Station Innoffers 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 ofMontague County. LocatedinHistoricDowntownNocona,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 ofNocona.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. Dont miss your chance to make this business your very own!

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© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty | The Tierny Jordan Network. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than eXp Realty | The Tierny Jordan Network are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-02-28T16:43:04.883.
www.texasonlinehomesearch.com/homes/146149089
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219 Clay Street Nocona, TX 76255

  • Price: $1,400,000
  • Status: Active
  • On Site: 70 Days
  • Updated: 21 min ago
  • MLS #: 20497084
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1980
Built
Neighborhood:
Original Townsite Nocona
County:
Montague
Area:
Nocona
Property Description
TheRed River Station Innoffers 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 ofMontague County. LocatedinHistoricDowntownNocona,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 ofNocona.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. Dont miss your chance to make this business your very own!
Exterior Features

Construction BrickFrame Foundation Slab Lot Size Source Assessor Parking Or Garage Alley AccessAsphaltOn StreetOutside Road Frontage Type FM Road Roof Synthetic

Interior Features

Ceiling Height 8 to10 Feet15 to 20 Feet Cooling Ceiling Fan(s)Central AirElectric Flooring Ceramic TileCombination Handicap YN No Heating Central Sq Ft Gross 10000

Property Features

Alarm Or Security Type Security System OwnedWireless Building Area Source Assessor Building Area Total 9245.00 Building Use Hotel/Motel Business Name Red River Station Inn Construction Status Preowned Gross Annual Expenses 87000.00 Gross Annual Income 160000.00 List MLSProvider Greater Denton/Wise Association Of Realtors Listing Terms 1031 ExchangeCashConventional Multi Zoning Yes Municipal Utility District No Net Operation Income 73000 Operating Expense Includes AccountingInsuranceMaintenance StructureManagerStaffSuppliesTrashUtilitiesWater/Sewer Owner Pays All UtilitiesCommon Area MaintenanceExterior MaintenanceRoof MaintenanceSecuritySewerTaxesTrash CollectionWater Possession Closing/Funding Property Type Hotel/Motel Tenant Pays Other Transaction Includes Building OnlyBusinessFurnitureLand & Improvements Unexempt Taxes 9741 Utilities All Weather RoadAlleyCity SewerCity WaterElectricity Connected Will Subdivide Subdivided Zoning none

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty | The Tierny Jordan Network. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than eXp Realty | The Tierny Jordan Network are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-02-28T16:43:04.883.
 
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eXp Realty | The Tierny Jordan Network
eXp Realty | The Tierny Jordan Network
Dallas | Arlington | Frisco TX,
Offered by Matthew Fenoglio of Superior Land & Homes LLC: 940-825-6094.