No photos were provided for this listing.
For sale

$295,000

42,000 SF building

421 W. Main StreetMemphis, Texas, TX 79245

Hospitality property (from the listing description) · Hotel or motel · MLS 11103291 · Listed 1532 days ago (Aug 25, 2022)

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Active: Listed and available according to the MyStateMLS feed.

About this property

Included in the price is a New Premier Roof. The Price will increase as seller spends additional money. Huge - Historic (Apx. 43,000 +- SQF (TBV) HOTEL with Owner's Apartment. The Hotel Requires Total Restoration. Located across from the Beautiful Historic Court House now undergoing a 10 Million++ Dollar Restoration. Can be restored in 3-4 Phases. Apx. 32-39 Room(s) when completed. Plus Lobby / Private Dining Room(s)/MULTIPLE Retail Spaces with different addresses./Restaurant/Meeting/Conference Rooms, Ballroom..(Equates to Only. $7.00 Per Sq. Ft.+- ). Original Pressed Tin Ceilings/Moldings/Terrazzo Floors/Hall of Mirrors. Lots of elegant completion items seller may consider selling...Call for Appointment to view. Qualified SERIOUS Buyers.Only - No SIGHTSEERS=.No Owner Financing.

Description provided by the listing brokerage.

Key facts

Asking price
$295,000
Status
For sale
Property type
HospitalityFrom the listing description
Building area
42,000 SFSource field AboveGradeFinishedArea
MLS number
11103291

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$295,000
Price per SF of building
$7/SFAsking price ÷ 42,000 SF reported building area

Building and site

Building name
Former Memphis Hotel
Stories
3
Reported zoning
HistoricAs reported by the listing. Confirm permitted uses for your plans with the local zoning authority.
County
Hall County

Reported features

  • Natural gas (from a listing field)
  • Public water (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Flooring

  • Hardwood

Basement

  • Unfinished

Heating

  • Hot Water
  • Natural Gas

Construction

  • Brick

Roof

  • Tar/Gravel
  • Rubber
  • Flat
  • Asphalt

Water

  • Public (Water Source)

Sewer

  • Other

Lot

  • Corner Lot

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Memphis, Texas or hospitality property in Memphis, Texas.

Why this listing is on Commercial Only

  • Multi-unit income property class. (PropertyTypeDetail: multi-unit)

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Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

    Guides

    Listing courtesy of Les Renfro. Listing agent: Les Renfro. Listings provided by MyStateMLS.

    Listing last modified at the source Jul 11, 2026, 3:38 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 11:01 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.