Multi-Tenant Office
For Sale
$2,600,000
401 W Texas Ave, Midland, TX 79701
Professional-services buildouts and open-plan floors support varied office configurations.
Property Size108,384 SF
Price / SF$24.07
Days on Market68
Property Features for 401 W Texas Ave
General Information
Standard status
Active
Size
108,384 SF
Class
A
Total Parking Spaces
25
Property subtype
Office - General Office
Building Details
Building Size
108,384 SF
Year Built
1945
Buildings
1
Stories
10
Tenancy
Multi
Listing Agency:
Moriah Brokerage Services
(432) 682-2510
Listed By:
Wes Gotcher
Source:
Commercialcafe
Added: Jun 25
Changed: Aug 31
Last Checked: Aug 31 at 1:47PM
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 Moriah Brokerage Services
Investment Insights
Based on property information with market context.
This 108,000-square-foot office property rises 10 stories and includes multiple tenant configurations, with most levels built out for professional services and select floors arranged with open layouts. The building dates to 1945 and previously served as the headquarters of Community National Bank. Some suites feature views of Centennial Plaza, Downtown Midland, and the Convention Center. A basement vault remains operational, and the property includes 25 surface parking spaces.
The building occupies the corner of Texas Avenue and Big Spring Street at a signalized intersection in Downtown Midland. Its setting provides walkable access to downtown restaurants, live music venues, entertainment destinations, and the surrounding central business district.
The building occupies the corner of Texas Avenue and Big Spring Street at a signalized intersection in Downtown Midland. Its setting provides walkable access to downtown restaurants, live music venues, entertainment destinations, and the surrounding central business district.
Key Highlights
- 108,000 SF, 10‑story multi‑tenant office building
- Most floors built out for professional services; select levels offer open floor plans
- Basement includes an operational vault
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,327
Businesses Nearby
Explore this area
Business Placement
Demographics for 79701, TX
29,748
Population
11,393
Households
2.6
Avg Household Size
33
Median Age
19%
College-Educated
73%
High-School Grad
12.1 sq mi
ZIP Area
2,459
Density / Sq Mi
$57,679
Median Household Income
$36,213
Median Earnings
$1,336
Median Rent
$204,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Professional-services buildouts and open-plan floors support varied office configurations.
Where is this office building located?
The property is located at 401 W Texas Ave Midland, TX.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 108,000 SF, 10‑story multi‑tenant office building; Most floors built out for professional services; select levels offer open floor plans; Basement includes an operational vault
