401 W Texas Ave - Office FOR SALE


Midland, TX 79701- Downtown Midland
$2,500,000 USD
432-682-2510
401 W Texas Ave, Midland, TX for Sale
$2,500,000 USD
Office - FOR SALE
1/26
null | Request Cap Rate

NEW


401 W Texas Ave
Midland, TX 79701
Downtown Midland


HIGHLIGHTS

  • Spacious & Efficient Layouts Can Accommodate Wide Range of Tenants
  • Windows Overlooking Centennial Plaza, Downtown Midland & Convention Center
  • 3rd Floor Rooftop
  • Basement | Operational Vault | Storage Space
  • Central Air and Heating | Natural Light
  • Built in 1954 & Renovated throughout the Years

OVERVIEW

For Sale: Premier 108,000 SF Office Building in Downtown Midland! This 10-story, multi-tenant office building—formerly the headquarters of Community National Bank—offers a unique blend of classic design and modern functionality. With most floors fully built out for professional services and select levels featuring open floor plan layouts, the property is ideal for both large and small users. Some suites offer impressive views overlooking Centennial Plaza, Downtown Midland, and the Convention Center. Additional features include a basement with an operational vault and 25 surface parking spaces. A prime investment or owner-user opportunity in the heart of Downtown. Strategically positioned at the high-visibility corner of Texas Avenue and Big Spring Street, this property sits at a signalized intersection in the heart of Downtown Midland. A prominent fixture in the city’s skyline, the building offers unbeatable walkability to Midland’s top restaurants, live music venues, entertainment spots, and the vibrant downtown scene.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$23 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Downtown Multi-Tenant Office Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

10

BUILDING CLASS

B

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

CB

APN/PARCEL ID

R000035-325

ASK ABOUT THIS PROPERTY

Wes GotcherMoriah GroupMore Info
432-682-2510

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Wes GotcherMoriah GroupMore Info
432-682-2510

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