2802 N Highway 84 Coleman, TX $ 689,000
2802 N Highway 84
$ 689,000
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2802 N Highway 84

Coleman, TX, 76834
$ 689,000
Baths0.0

Monthly Estimate*

$ 4,813

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Studio

Commercial Property for sale in Coleman, TX

for $689,000. This building was built in 1960 on a lot size of 2.77.

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!

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Commercial Active

Price

$ 689,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,368

Style

Hotel/Motel

Lot Size

2.77

Year Built

1960

Town/City

Coleman

County/Region

Coleman

MLS | Web ID

20409140

Features
General
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
Business Type Hotel/Motel
Business Name Budget Inn
Property SubType Hotel/Motel
Subdivision Name A0187 ETRR CO SUR 41 ACRES 2.01 BUDGET INN ACRES
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
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Flooring Carpet Laminate Tile
Total Stories 1
Total Units 31
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Exterior
Lot Size Source Appraiser
Parking Features Asphalt Covered
Lot Size 1 to < 3 Acres
Foundation Slab
Building Area Total 11570.00
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Internal Only
Street Number 1 2802
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* Excluded Features
List By
Diane Woods

Listing Agent

Trinity Ranch Land Cross Plains

Broker

Affordability Calculator

$5,260
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,813
Monthly Property Taxes
$447
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
2/16/2024 $689,000 -8.13% Price Down
8/17/2023 $750,000 Listed Price

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2802 N Highway 84, Coleman, TX, 76834 is a Commercial Property for sale at $689,000 with a lot size of 2.77. 2802 N Highway 84 is a studio with 0.0 baths and was built in 1960. The property's zip code is 76834 which is in Coleman, TX