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Midscale Downtown Hotel Opportunity
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601 Avenue Q, Lubbock, TX 79401

Renovated 138-room, two-story hotel with on-site pool, patios, and 99 surface parking spaces across two parcels.

Property Size50,645 SF
Days on Market57

Property Features for 601 Avenue Q

General Information

Standard status Active
Size 50,645 SF
Total Parking Spaces 99
Property subtype Hospitality, Mixed Use
Zoning F1

Building Details

Year Built 1976
Year Renovated 2021
Buildings 1
Stories 2
Listing Agency: Hilco Global
Listed By: Keith Worsham · License #267014
Source: Crexi
Added: Jul 9 Changed: Aug 16 Last Checked: Sep 2 at 5:08AM

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 Hilco Global

Investment Insights

Based on property information with market context.

The Baymont by Wyndham Lubbock – Downtown Civic Center is a 138-room, two-story midscale hotel originally built in 1976 and renovated in 2021. The property totals approximately 50,645± SF across two parcels totaling 3.17± acres, and operates under a franchise. Guest amenities include an on-site pool, business center, complimentary Wi-Fi, and outdoor patios, complemented by 99 surface parking spaces.

The asset is located in Lubbock’s central business district and is within an urban Opportunity Zone. On-site inspections are available by appointment only. This offering is being presented as a U.S. Bankruptcy Court Northern District of Texas sale (Lubbock), with a bid deadline of August 18 at 5:00 p.m. (CT).

Subject to zoning and municipal approvals, the property may support continued hospitality use, value-add repositioning, or adaptive reuse, including potential redevelopment scenarios such as student housing, multifamily residential, extended-stay accommodations, or a mixed-use project.

Key Highlights

  • Renovated 138‑room, two‑story Baymont by Wyndham Lubbock – Downtown Civic Center hotel
  • 50,645± SF across two parcels totaling 3.17± AC; built in 1976 and renovated in 2021
  • On‑site amenities include a pool, business center, complimentary Wi‑Fi, and outdoor patios

Property Analytics

Current Use

La Quinta Inn ... Hotel & Motel Baymont by Wyndham ... Hotel & Motel

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store Cosmetic Store Pet Store & Service

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

1,469
Businesses Nearby

Demographics for 79401, TX

8,775
Population
4,813
Households
1.8
Avg Household Size
26
Median Age
26%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
3,510
Density / Sq Mi
$27,255
Median Household Income
$20,570
Median Earnings
$1,048
Median Rent
$101,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Renovated 138-room, two-story hotel with on-site pool, patios, and 99 surface parking spaces across two parcels.
Where is this hotel located?
The property is located at 601 Avenue Q Lubbock, TX.
What are key features of this property?
This property features: Renovated 138‑room, two‑story Baymont by Wyndham Lubbock – Downtown Civic Center hotel; 50,645± SF across two parcels totaling 3.17± AC; built in 1976 and renovated in 2021; On‑site amenities include a pool, business center, complimentary Wi‑Fi, and outdoor patios
More about this property
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