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Historic Hotel Building
For Sale
$175,000

515 N Main Street, Friona, TX 79035

COMMERCIAL - Friona, TX

Property Size5,152 SF
Lot Size0.16 Acres
Price / SF$33.97
Days on Market185

Property Features for 515 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 6000 - All areas in the 6000's
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.
Subdivision 6010 - Friona
Standard status Active
APN Socorro Corral
Size 5,152 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description Original Town Friona, Block 76, Lot 5-6
Legal Description Original Town Friona, Block 76, Lot 5-6

Building Details

Year built 1920
Building materials Stucco
Roof type Composition
Listing Agency: EXP Realty, LLC
Listed By: Andy Montana
Added: Feb 25 Changed: Aug 4 Last Checked: Aug 29 at 2:06AM
MLS# 24-7236

Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This hotel property contains 5152 square feet within a building constructed in 1920. The improvements feature a stucco exterior and composition roof, with a prior operating history that included both short-term and long-term rental accommodations. Updates are needed to bring the property to modern standards.

The building sits on a 0.16-acre parcel at 515 N Main Street in Friona, Texas, within Parmer County. Its established hotel format and documented rental history provide a foundation for continued hospitality or rental use, subject to the buyer’s plans and any applicable requirements.

Key Highlights

  • 5152 square feet of building area
  • Constructed in 1920
  • Previously used for short‑term and long‑term rental accommodations

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Pharmacy Kitchen & Bath Showroom Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby

Demographics for 79035, TX

5,266
Population
2,133
Households
2.5
Avg Household Size
32
Median Age
18%
College-Educated
73%
High-School Grad
670.1 sq mi
ZIP Area
8
Density / Sq Mi
$74,773
Median Household Income
$42,264
Median Earnings
$1,014
Median Rent
$137,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Previously operated for both short-term and long-term rental accommodations in Friona.
Where is this hotel located?
The property is located at 515 N Main Street Friona, TX.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 5152 square feet of building area; Constructed in 1920; Previously used for short‑term and long‑term rental accommodations
More about this property
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