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5005 Lexington Square
Amarillo, TX 79119
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$175,000
515 N Main Street
Friona, TX 79035
MLS# 24-7236
5152 sqft
515 N Main Street, Friona, TX 79035
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515 N Main Street, Friona, TX 79035

Property Description
Investment Opportunity: Historic Hotel in Friona, Texas Seize the chance to own one of the first hotels in Friona, Texas. This property has a rich history and has previously served as both short-term and long-term rental accommodations. With rental options in Friona being extremely limited, this property presents a prime opportunity for the new owner to generate significant income. While the hotel is brimming with potential, it will require some updates to bring it up to modern standards. Don't miss out on turning this iconic establishment into a profitable venture!

Details
Property Information
Current Price: $175,000
To Be Auctioned: No
List Price: $175,000
Zone: 6000 - All areas in the 6000's
Area: 6010 - Friona
Status: Active
Realtor.COM Type: Commercial
Type: Motel/Hotel
Total SqFt. (+/-): 5152
Square Foot Source: Appraisal District
List Price Per Sq. Ft.: 33.97
Owner Contact: Socorro Corral
Total Rooms: 15
Total Restrooms: 3
Year Built: 1920
Lot Size Dimensions: 50 x 140
Lot Size Square Feet: 7000
Taxes and Legal Information
House #: 515
Street Direction Pfx: N
Street Name: Main
Street Sfx: Street
State/Province: TX
Postal Code: 79035
County: Parmer
Legal: Original Town Friona, Block 76, Lot 5-6
Common Name: 515 Main St
Contract Information
L/A Supervisor: Karen E. Richards
Supervisor's Phone #: 888-519-7431
L/A Supervisor License Number: 508111
Directions: From highway 60 at the light on Main street turn South for about 5 blocks and the hotel is on the West side of the street.
Currently not used
Showing Phone Number: 806-382-8143
Type of Business
Other Business: Hotel
Property Features
Construction: Stucco
Distressed Sale: Distressed Sale
Utilities Available: City Sewer; Electric; Gas
Walls: Sheet Rock
Roof: Composition

Listing Office: EXP Realty, LLC

Listing Agent: Andy Montana

Last Updated: February - 27 - 2025

Information deemed reliable but not guaranteed.

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