112 Loraine St Midland, TX 79701
- Coworking space
- 27,000 SF
- 0.24 lot acres
Current Use by Public Records
- Bullseye Drilling Services / Drilling Contractor / Well Drilling Contractor
- Frank Surveying Co Inc / Land Surveyor / Mapping Service
- Patrick J. Ramsey / Doctor
- Ail Bonds / Bail Bonds Service
- SR22 Insurance / Insurance Broker
Property Details for 112 Loraine St
- Year built
- 1927
- Lot size
- 0.24 lot acres
- Property size
- 27,000 SF
- Property type
- Coworking space
- Property subtype
- Retail space
Description
This exceptional six-story, 27,000-square-foot commercial building, located at 112 S Loraine St, Midland, TX 79701, presents a unique opportunity for businesses seeking office or retail space in the heart of the Central Business District. Built in 1927, this Class C building boasts a rich history and is situated on a 10,500-square-foot lot (0.241 acres). The property features two elevators and offers multiple tenancy options, with spaces available from a minimum of 1,000 square feet. Several configurations are possible, including entire floors and even the penthouse. Ideal for coworking spaces or traditional office setups, the building's prime location on S Loraine St, near Wall Street, ensures high visibility and accessibility. Lease terms are flexible, ranging from 6 to 36 months, with the landlord demonstrating a willingness to negotiate rates between $14 and $16 per square foot. The APN is R000035382. This is a rare chance to secure a prominent space in a well-established Midland building with a landlord committed to finding the right fit for its tenants.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.0759274
- Latitude
- 31.9968632
