646-261-0250
1 S Main Ave, Laredo, TX for Sale
Hospitality - FOR SALE
1/48
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1 S Main Ave
Laredo, TX 78040


OVERVIEW

Kassin Sabbagh Realty (KSR) is pleased to present the opportunity to acquire the fee-simple interest in the Landmark Hotel, located at 1 South Main Avenue in the heart of historic downtown Laredo, Texas. Just steps from the Rio Grande and surrounded by local shops, restaurants, and cultural attractions, the property benefits from a highly visible and walkable location. Its central position attracts a steady stream of both corporate and leisure guests, making it a strong performer in a dynamic market. Strategically placed in the heart of historic downtown, the hotel is a short stroll from the Rio Grande, the Outlet Shoppes at Laredo, Laredo Community College, the Consulate, and key cultural sites like the San Agustin Historic District. INVESTMENT HIGHLIGHTS: • Diverse Demand Drivers – Nearby attractions include Mall del Norte, Texas A&M International, Sames Auto Arena, Uni-Trade Stadium, Lake Casa Blanca, and Laredo’s commercial corridor. • Prime Downtown Location: Situated in the heart of historic downtown Laredo, just steps from the Rio Grande, major landmarks, and pedestrian border crossings. • Marriott Delta Conversion – Key Money Available A full-service Holiday Inn conversion is also an option, along with other brand opportunities. Plese contact the broker or Marriott directly for details regarding key money incentives and additional brand support. • Busiest Port in the U.S. – In 2023, approximately $320 billion in imports and exports moved through the port, making it the nation’s top hub for international trade

FOR SALE DETAILS

PRICE

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# OF ROOMS

204

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rio Grande Plaza

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

15

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1975

PARKING SPACES

52

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

C

APN/PARCEL ID

161811

ASK ABOUT THIS PROPERTY

David WarrenKassin Sabbagh RealtyMore Info
646-261-0250

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David WarrenKassin Sabbagh RealtyMore Info
646-261-0250

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.