Proposed Hotel
For Sale
Contact for pricing
112 S Loraine St, Midland, TX 79701
Six-story downtown building planned for hospitality use with guest rooms, meeting space, dining, and guest-focused amenities.
Property SizeContact for details
Days on Market143
Property Features for 112 S Loraine St
General Information
Standard status
Active
Property subtype
Hospitality
Building Details
Buildings
1
Stories
6
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Skyler Cooper · License #TX 618787
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 3:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
The proposed Tapestry by Hilton Midland would convert a six-story office building into an upscale hotel with up to 93 guest rooms. Planned components include a fitness room, business center, market pantry, onsite gastro pub, and 600 sq. ft. of meeting space. The property also offers the opportunity for an upscale bar and grill, gastro pub, or steakhouse with a separate street-front entrance.
Located at 112 S Loraine St in downtown Midland, the property is 0.1 mile from the Barbara & George H.W. Bush Convention Center. Midland International Air and Space Port is 10.8 miles away. Valet parking is available exclusively for hotel and restaurant guests, and tax abatements and incentives are available for the conversion.
Located at 112 S Loraine St in downtown Midland, the property is 0.1 mile from the Barbara & George H.W. Bush Convention Center. Midland International Air and Space Port is 10.8 miles away. Valet parking is available exclusively for hotel and restaurant guests, and tax abatements and incentives are available for the conversion.
Key Highlights
- Proposed conversion of a six‑story office building into a Tapestry by Hilton hotel
- Up to 93 guest rooms planned
- Planned 600 sq. ft. meeting space, fitness room, business center, and market pantry
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,322
Businesses Nearby
Explore this area
Business Placement
Demographics for 79701, TX
29,748
Population
11,393
Households
2.6
Avg Household Size
33
Median Age
19%
College-Educated
73%
High-School Grad
12.1 sq mi
ZIP Area
2,459
Density / Sq Mi
$57,679
Median Household Income
$36,213
Median Earnings
$1,336
Median Rent
$204,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Six-story downtown building planned for hospitality use with guest rooms, meeting space, dining, and guest-focused amenities.
Where is this hotel located?
The property is located at 112 S Loraine St Midland, TX.
What are key features of this property?
This property features: Proposed conversion of a six‑story office building into a Tapestry by Hilton hotel; Up to 93 guest rooms planned; Planned 600 sq. ft. meeting space, fitness room, business center, and market pantry
