22996 Highway 60 - Hospitality FOR SALE


Matagorda, TX 77457
$1,800,000 USD
979-863-1143
22996 Highway 60, Matagorda, TX for Sale
$1,800,000 USD
Hospitality - FOR SALE
1/32
null | 6.4% Cap Rate

22996 Highway 60
Matagorda, TX 77457


HIGHLIGHTS

  • Highway 60 frontage in Matagorda with great visibility
  • Coffee shop and Cafe could be converted to retail, dinner restaurant, venue, with 8 room hotel. Covered patio in back and surrounding the building.
  • Eight room hotel with decking all around and large gathering spaces for groups.

OVERVIEW

Coffee shop with separate 8 room hotel next door. Prime property on highway 60 in Matagorda. Plenty of parking. Active coffee shop and breakfast lunch cafe with office adjoining.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$178 USD /SF

# OF ROOMS

8

PRICE/ROOM

$225,000 {currency}

CAP RATE

6.4%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Full Stringer Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

2009

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

none

APN/PARCEL ID

27190,27191

ASK ABOUT THIS PROPERTY

Jody CassadyFull Stringer RealtyMore Info
979-863-1143

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

Jody CassadyFull Stringer RealtyMore Info
979-863-1143

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