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Fort Davis Drug Store and Hotel 111 N State St
6 Room Hotel Fort Davis, TX 79734 $950,000 ($158,333/Room)
Property Facts
| Price | $950,000 | Building Class | B |
| Price Per Room | $158,333 | Building Size | 5,600 SF |
| Sale Type | Investment | No. Rooms | 6 |
| Sale Conditions | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1925/2023 |
| Property Subtype | Hotel | Corridor | Interior |
| Price | $950,000 |
| Price Per Room | $158,333 |
| Sale Type | Investment |
| Sale Conditions | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Building Size | 5,600 SF |
| No. Rooms | 6 |
| No. Stories | 2 |
| Year Built/Renovated | 1925/2023 |
| Corridor | Interior |
Amenities
- Balcony
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
About 111 N State St , Fort Davis, TX 79734
Discover the Charm of the Fort Davis Drug Store Hotel Prime Location: Nestled in the heart of Fort Davis' downtown, the Drug Store Hotel is steps away from the historic Jeff Davis County Courthouse and a short drive from key attractions like the McDonald Observatory, Fort Davis National Historic Site, Davis Mountains State Park, Marfa, Alpine, and Big Bend National Park, attracting tourists year-round. Historic Boutique Hotel: This two story, six room boutique hotel, dating back to 1913, offers a unique blend of history and modern comfort. The hotel features a 2,100 sq ft lounge with a 1950s milkshake counter, a pool table, table tennis, foosball, darts, and board games, exclusively for hotel guests. Plus a second story balcony on the rear of the building overlooking the mountains makes an incredible location for guests to enjoy the desert sunset. Versatile Spaces: The 2,100sq ft dining area, currently a guest lounge, can be transformed into a restaurant, retail store, gift shop, or coffee shop. The 1,625 sq ft commercial kitchen is equipped with a large outdoor smoker, outdoor storage, new appliances, large walk in fridge and freezer and a Vulcan charbroiler, ready for any culinary venture. Expansion Potential: With room to add a seventh hotel room on the second floor and the option to convert the kitchen into additional guest rooms, there's ample opportunity to grow the hotel business. The studio apartment offers convenient owner or staff housing or can be a hotel room. The manager's office is a convenient place to store your business records. Modern Upgrades: Over $100,000 has been invested in upgrades, including new AC/heating units, on-demand water heaters, remodeled bathrooms, and authentic period décor. Comprehensive Sale Package: The sale includes the operating hotel, all reservations, a hotel management system, a search engine optimized website, LLC, credit card processor, Expedia and Booking.com accounts, all furniture and kitchen equipment and six months of support for a smooth transition. Embrace the Legacy: Own a piece of Fort Davis history and continue the legacy of this beloved landmark. The Drug Store Hotel is ready for a new chapter—are you? Contact us today to explore this unique investment opportunity!
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 6 | $129.00 | - |
PROPERTY TAXES
| Parcel Number | M35000001300170 | Improvements Assessment | $200,000 |
| Land Assessment | $37,500 | Total Assessment | $237,500 |
PROPERTY TAXES
Learn More About Investing in Hospitality Properties
Presented by
Davis Mountains Enterprises Ll
Fort Davis Drug Store and Hotel | 111 N State St
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