14000 E Business 40 St - Hospitality FOR SALE


Mclean, TX 79057
$250,000 USD
951-588-9991
14000 E Business 40 St, Mclean, TX for Sale
$250,000 USD
Hospitality - FOR SALE
1/21
null | Request Cap Rate

14000 E Business 40 St
Mclean, TX 79057


HIGHLIGHTS

  • Prime location on historic Route 66 with excellent visibility from Interstate 40.
  • 23 fully renovated rooms with modern furnishings and updated bathrooms.
  • Includes 3,000 sq. ft. restaurant with banquet hall and 85-person capacity.
  • Additional income potential from three storefronts and a 2,000 sq. ft. house.
  • Features a swimming pool, ample parking for trucks/RVs, and secured fencing.
  • Owner financing available, making this a rare investment opportunity.

OVERVIEW

Opportunity to acquire a historic Route 66 Motel and Restaurant in McLean, Texas, featuring 23 fully renovated rooms, a 3,000 sq. ft. restaurant with banquet facility, and a 2,000 sq. ft. house on a 2.67-acre lot. The property includes four buildings totaling over 10,000 sq. ft., three storefronts, a swimming pool, and ample parking for large vehicles. All guest rooms were upgraded in 2012 with new commercial-grade carpets, quality furnishings, and modern amenities including flat-screen TVs and microwaves. Bathrooms feature ceramic tile walls, new fixtures, and bathtubs in excellent condition. The restaurant offers seating for 85 guests and a dance floor, making it the only banquet facility in the area. Positioned along historic Route 66 with visibility from I-40, this property offers strong income potential from lodging, dining, and retail leasing. Owner financing is available for qualified buyers.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$20 USD /SF

# OF ROOMS

23

PRICE/ROOM

$10,870 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Route 66 Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

F

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.55 AC

LAND SF

111,078 SF

ZONING

-

APN/PARCEL ID

121149050230660300000

ASK ABOUT THIS PROPERTY

Danny AjmeraDanny AjmeraMore Info
951-588-9991

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Danny AjmeraDanny AjmeraMore Info
951-588-9991

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.