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600 W Palestine St
Mexia, TX 76667

$2,750,000 USD

Hotel For Sale  •  58,909 SF

Property Details

  • Property Type Hotel
  • Total Building Size 58,909 SF
  • Lot Size 2.25 AC
  • Building Class C
  • Year Built 1989
  • Cap Rate 10.91 %
  • Zoning Commercial District 3
40 Walk Score

Description

FOR SALE – Prime Hospitality Property in Mexia, Texas

65-Room Independent Motel with Restaurant, Barber Shop & Manager's Apartment
Excellent investment opportunity in the growing city of Mexia, Texas. This well-positioned hospitality property offers multiple income-producing components and outstanding visibility.
Property Features:
65 Guest Rooms
Spacious 5-Bedroom Manager's Apartment
Full-Service Restaurant long term lease 
Barber Shop long term lease
High-Visibility Location
Established Business Opportunity
Ample Parking
Strong Potential for Owner-Operators or Investors
Location:
600 W. Palestine Street?Mexia, TX 76667
Asking Price: $2,750000

Highlights

FOR SALE – Prime Hospitality Property in Mexia, Texas 65-Room Independent Motel with Restaurant, Barber Shop & Manager's Apartment Excellent investme

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $300,000 USD (2026)
Cap Rate: 10.91 %
Total Expenses: $350,000 USD

Major Tenants

Tenant SF Occupied Lease End Date
RAMS MEXIA INC
Tvi Hospitality Inc

Amenities

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

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 87
Type: Surface
Included in Rent: Yes
MANISH PATEL 254-562-5593 RAMS MEXIA INC
MANISH PATEL 254-562-5593 RAMS MEXIA INC