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Historic Hotel McCartney Building For Sale

101 N Main St, Texarkana, TX

For Sale
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Historic hotel building integrated with Bi-State Criminal Justice Center.

Property Size55,000 SF
Lot Size0.29 Acres
Price / SF$18.18
Days on Market914

Property Features for 101 N Main St

General Information

Standard status Active
Size 55,000 SF
Lot size 0.29 Acres
Property subtype OFFICE
Listing Agency: NAI Excel Commercial Real Estate
Listed By: Lloyd Thomas · License TX #203913
Source: Moodyscre
Added: May 10, 2024 Changed: Oct 26 Last Checked: Nov 8 at 8:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Excel Commercial Real Estate

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Investment Insights

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The Hotel McCartney building encompasses an entire city block, specifically block 29 with its lots 13-17. The building is integrated with the Bi-State Criminal Justice Center. The southeast corner of the Hotel McCartney building is approximately 10 feet from Arkansas. This property was the first sold on the original townsite of Texarkana, Texas. The architect was Joseph J. Finger of Houston, a noted hotel architect who designed hotels across Texas and several large train stations, including Union Station in Texarkana. Built in 1927 for $375,000, the Hotel McCartney was financed with gold-backed bonds. The building's current size is approximately 55,000 square feet. The building's exterior outline is similar to the state of Arkansas, and it is only about ten feet from the state of Arkansas at its southeastern corner. An additional two stories, adding 20,000 to 21,000 square feet, could potentially be added to the north wing. This addition might require reinforcing the existing columns in the north wing with steel. The 10-story tower is structurally sound and has lasted almost 100 years.

Key Highlights

  • Historical significance: First property sold on the original townsite of Texarkana, Texas.
  • Architectural pedigree: Designed by Joseph J. Finger, noted hotel architect.
  • Approximately 55,000 sq. ft. with expansion potential of 20,000‑21,000 sq. ft.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Storage Facility Veterinary Clinic Pharmacy Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

876
Businesses Nearby
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Market

Average Price Trend$/SF for Office buildings in Texarkana, TX

$97.19 Jul
$104 Aug
$81.65 Sep
$75.91 Oct

Properties on Market for Office buildings in Texarkana

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Historic hotel building integrated with Bi-State Criminal Justice Center.
Where is this office building located?
The property is located at 101 N Main St Texarkana, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Historical significance: First property sold on the original townsite of Texarkana, Texas.; Architectural pedigree: Designed by Joseph J. Finger, noted hotel architect.; Approximately 55,000 sq. ft. with expansion potential of 20,000‑21,000 sq. ft.
(254) 770-8287 Call to check price and availability
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