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$2,975,000
Est. payment /mo
33,968 SqFt
Active Under Contract
1620 E INTERSTATE 40 Amarillo, TX 79103
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Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 33,968 sqft
Price per Sqft $87
MLS Listing ID 26-3709
Year Built 1985
Source Amarillo Association of REALTORS®
Property Description
Rare adaptive reuse and value-add investment opportunity in Amarillo positioned to benefit from one of the region's largest economic expansions. The asset consists of a 107-key fully furnished hotel with multiple repositioning strategies, including workforce housing for AI/data center construction labor, extended-stay operations for corporate tenants, or repositioning as a traditional or flagged hotel. Investment upside is supported by growing demand tied to major AI and data infrastructure projects, including the Fermi America AI Data Center. Existing furnishings, flexible use potential, and multiple exit strategies provide strong downside protection and long-term upside.
Location
State TX
County Potter
Area 0400 - Ross Post Office
Zoning 0400 - SE Amarillo in City Limits
Direction Exit Ross heading East on I-40 property is on the South.
Exterior
Utilities Available Gas, Electric, City Sewer
Others
Tax ID 213803
Listed Kirk Chudej • FIMC Commercial Realty
NEARBY SCHOOLS & PROPERTIES
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