1620 Route 66 Tucumcari, NM 88401

Property Details for 1620 Route 66

Year built

1963

Lot size

0.27 lot acres

Property size

11,610 SF

Property type

Commercial real estate

Description

This exceptional 11,610-square-foot motel, situated on a 0.27-acre lot in Tucumcari, New Mexico, presents a unique investment opportunity. Ideally located just two blocks from the Route 66 and Highway 54 bypass, this property boasts easy access and high visibility. The motel features 25 completely renovated rooms, each meticulously designed in a retro 1950s style, complete with pillowtop mattresses, microwaves, refrigerators, and full bathrooms including tubs. Ample parking is available for guests. The property also includes a spacious registration area brimming with Route 66 information, perfect for attracting tourists. A separate owner/manager living quarters is included, providing convenient on-site management. A large garage offers ample storage space. The entire building is protected by a flat metal roof. Two hot water heaters ensure reliable hot water supply for all rooms. All furniture, including that in the owner's suite, is included in the sale. While currently closed, a coffee shop with all equipment is also part of the property. Adding to the property's charm are vintage airplanes situated on the grassy area. This versatile property offers significant potential as a thriving motel, a large residence, or a complex of monthly rentals. The asking price is $650,000.