Price Reduction
Address
722 E Rte 66 Boulevard, Tucumcari, NM
Price
$ 850,000
Property Attributes
  • MLS#20234943
  • TypeCommercial
  • CountyQUAY
  • CityTucumcari
  • AreaNew Mexico Mls
  • Zip88401
  • StyleCommercial/Residential
  • Year Built1959
  • Taxes$ 3522
  • Price$ 850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8971
  • Lot Size8,481 SqFt
Data Source:
New Mexico MLS (NMMLS)
Property Description

MOTEL SAFARI! We proudly present a rare opportunity to own a true mid-century marvel in the heart of Route 66! PRIME LOCATION: Situated in the iconic 66 town of Tucumcari, NM, the motel has high visibility and steady year-round business from I-40 and many US and state highways. TURNKEY OPERATION: Opened in 1959, the motel has been lovingly restored and updated with modern features while maintaining its historic charm. New paint inside and out and new roof. - 12 standard guest rooms, plus 2 fabulous themed suites; guest services room, patio with fire pit, and additional fenced outdoor area in back - Laundry room with commercial washer/dryer - Full stock of customized amenities, quality linens and towels, and branded merchandise - Most furniture, antiques and memorabilia stay - Stellar reputation and online reviews - Current owner to help train/transition FUTURE POTENTIAL: - 100th anniversary of Route 66 in 2026 - 4-6 additional guest rooms possible - Continued restoration of iconic sign

Price History
9/18/2023 Listed $950,000
4/15/2024 11% - $850,000

General Features

Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Cable Connected
Appliances Water Heater
Construction Materials Block,Brick,Masonry,Attic
Year Built 1959
Property SubType Commercial/Residential
County Quay County
New Construction No
Property Type Commercial Sale
HOA / Comm Assn No
Garage Y/N No
Building Features High Visibility,Kitchen Area,Living Area,Restrooms,Attic,Inside Storage
Status Active
Directions 209 N to Light at Rt 66 - Turn right and it will be a short distance on your right
City Tucumcari
Buyer Agent Compensation 2.5%
Senior Community Y/N No
MLS Area New Mexico Mls
Lot Size Square Feet 8481.5104
Waterfront Y/N No
Carport Y/N No
Street Name Rte 66
Property Attached Y/N No
Tax Annual Amount 3522.72
Lease Considered Y/N No
Standard Status Active

Interior Features

Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Street Suffix Boulevard
Living Area Units Square Feet

Exterior Features

Lot Features Paved
Water Source Public
Lot Size Area 8481.5104
Spa No
Building Area Total 8971
Lot Dimensions 150 x 130 & 150 x 142
Lot Size Acres 0.1947
Other Parking Driveway
Lot Size Units Square Feet
Road Frontage Type Driveway To St/Fed
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 88401

Price
AVG $550K
$850K
Taxes
AVG $4,132
$3,522
Visits
AVG 87
28
Data Provided by Inside Real Estate®
Year Built
AVG 1968
1959
Walkscore
AVG 40
56
Data Provided by Walkscore® not using MLS data

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