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115 E Commerce St
Mineola, TX 75773
Beckham Hotel · Hospitality Property For Sale
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28 Rooms
Investment Highlights
- Operating asset — not a shell, not a turnaround; income generating day one
- SBA 504 potential — maybe $277,500 down into a $1.85M asset; blended rate ~7.5–8%, 25-year amortization
- Comparable property (102 E Moore Ave, Terrell TX — 1892, 17,250 sqft) under contract at $98.55/sqft; Beckham is larger and more operation
- 3 active revenue streams: 17 hotel keys, 150+person ballroom/event venue, and ground-floor commercial tenants (coffee shop, cigar lounge, salon,etc)
- Directly across from Mineola Amtrak station; front row on Commerce Street for annual events driving consistent weekend demand
- Built 1885 | 0.29 acres | Wood County | 1.5 hrs Dallas | 1 hr Tyler
Property Facts
| Property Type | Hospitality | No. Rooms | 28 |
| Property Subtype | No. Stories | 3 | |
| Building Class | C | Year Built/Renovated | 1886/2021 |
| Lot Size | 0.29 AC | Corridor | Interior |
| Building Size | 19,500 SF | ||
| Zoning | C - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 19,500 SF |
| No. Rooms | 28 |
| No. Stories | 3 |
| Year Built/Renovated | 1886/2021 |
| Corridor | Interior |
| Zoning | C - Commercial |
Amenities
- Restaurant
- On-Site Retail
- On-Site Bar
- Meeting Event Space
- Wedding Venue
- Public Access Wifi
- Fiber Optic Internet
- Smoke Detector
- Cafe
- Shower Facilities
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 28 | $56.00 | - |
Property Taxes
| Parcel Number | R35533 | Improvements Assessment | $1,144,370 |
| Land Assessment | $25,480 | Total Assessment | $731,160 |
Property Taxes
Parcel Number
R35533
Land Assessment
$25,480
Improvements Assessment
$1,144,370
Total Assessment
$731,160
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