Sale HospitalityOther
1302 W Route 66 Blvd, Tucumcari, NM 88401
- $1.2M
- 15,785 SF building
- 2 ac
PRICE REDUCED! I am pleased to present a unique and exciting investment opportunity: a well-maintained 15,785 square foot motel for sale on Historic Route 66 in Tucumcari, New Mexico. Originally constructed as a full-service Ramada, this property is strategically located just off the popular Route 66 Highway. This established motel features 57 rentable rooms and an approximately 1,200 square foot live-in apartment, suitable for an owner/user or property manager. The property also includes a fully equipped commercial kitchen, ideal for a restaurant, and a full liquor license. Zoned Commercial, this property offers an exceptional opportunity for hospitality, full-service, or entrepreneurial ventures. This location capitalizes on the enduring appeal of Route 66, a significant part of American culture since 1926. With its prime location, generous square footage, and comprehensive amenities, this property is an ideal investment for those looking to make a significant impact in a vibrant market and a landmark for Route 66 travelers. This represents a strategic investment opportunity. Prime Location situated on Historic Route 66, a major tourist route.20 year Established Business with 57 rentable rooms Great Income Potential features a full-service lounge/bar, commercial kitchen, rentable event space, and coin-operated guest laundry.Owner/User Opportunity Includes a 1,200 sq ft owner/manager apartment.Amenities include an outdoor swimming pool, commercial ice machine, and flat-screen TVs in most rooms.Seller Incentives provide an allowance for upgrades.Development Potential with ample space for customization and expansion.Close proximity to Mesalands Community College, local amenities, museums, and the Natural Sciences Lab.Ideal for hospitality, full-service and/or entrepreneur ventureStrategic investment opportunity
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