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TX
Midland
79701
201 Illinois Ave

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FOR SALE

Commercial real estate

201 E Illinois Ave Midland, TX 79701

30,396 SF 1.98 ac lot Built 1960

Entity Owned 4-yr Hold

Property ID

US82-3094204

$3,800,000 30,396 SF

201 E Illinois Ave, Midland, TX 79701
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This exceptional 30,396 square foot office building, situated on a 1.98-acre lot in Midland, Texas, presents a unique redevelopment opportunity. Originally constructed in 1960, this two-story building, formerly home to the Midland Reporter Telegram, is currently in shell condition, offering a blank canvas for a modern transformation. The property boasts a desirable C & CB zoning (Commercial & Central Business District), allowing for diverse commercial uses. Its prime location on 201 E Illinois Ave, at the corner of N Baird Street, offers high visibility and convenient access to Business 20, Centennial Park, the Bush Convention Center, and numerous restaurants and other downtown businesses. The building includes an 11,700 square foot basement, office space, warehouse space, and a loading dock. City utilities, including sewer and water, are readily available. Ample parking caters to both employees and clients, making it ideal for a corporate headquarters or other large-scale office development. This property represents a significant investment opportunity in a thriving Texas city.