This Hospitality Property is no longer advertised on LoopNet.com.

600 W Palestine St
Mexia, TX 76667
Inn at Mexia · Hospitality Property For Sale · 58,909 SF

Investment Highlights

  • 65 room motel with 2 rental space for sale in North Texas... ON SIDE RESTAURANT OUTDOOR POOL • • Discount to Replacement Cost
  • Includes two additional rental units with long-term lease income.
  • Opportunity Zone designation offers potential tax benefits for investors.
  • Located at a high-visibility corner along Highway 14 and Highway 84.
  • Manager’s quarters and operational office incorporated into the property.

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.25 AC
Building Size 58,909 SF
No. Stories 2
Year Built/Renovated 1989/2016
Parking Ratio 1.48/1,000 SF
Corridor Exterior
Zoning Commercial District 3 - C

Amenities

  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • Public Access Wifi

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • R18743
  • R14573
Land Assessment
$276,592
Improvements Assessment
$1,106,736
Total Assessment
$1,383,328
  • Listing ID: 32617070

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 600 W Palestine St, Mexia, TX 76667

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