432-682-2510
500 W Ohio Ave, Midland, TX for Sale
Office - FOR SALE
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500 W Ohio Ave
Midland, TX 79701
Downtown Midland


HIGHLIGHTS

  • Downtown Midland asset with close proximity to Midland's top energy and professional firms
  • ?Income producing with value-add upside
  • Owner-user office opportunity

OVERVIEW

500 W Ohio Ave is a two-story, multi-tenant office building situated at the corner of Ohio Street and Marienfeld Street in downtown Midland, Texas.? Originally constructed in 1954, the property has been maintained and updated over time, including a recent roof replacement and ongoing preventative maintenance.? The building features 9,028 square feet on the first floor and 6,344 square feet on the second floor, with shared common areas including hallways and restrooms, totaling 15,372 square feet on approximately 0.257 acres.? This building is located at the intersection of Ohio Street and Marienfeld Street in downtown Midland, one block from Big Spring Street and less than one mile from the Midland CBD.? The surrounding area includes ConocoPhillips, Permian Resources, Diamondback Energy, Double Eagle, OGX Minerals, Community National Bank, and a dense concentration of energy and professional services firms representing the core of Permian Basin commercial activity.?

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Downtown Midland Investment Opportunity

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

C1

APN/PARCEL ID

R000026-121

ASK ABOUT THIS PROPERTY

Mike GresbackMoriah GroupMore Info
432-682-2510

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Mike GresbackMoriah GroupMore Info
432-682-2510

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