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31593506
31593505

213 N Main St, Midland, TX 79701

LM
TX 0516832
Heritage Real Estate Group
Listed by Heritage Real Estate Group
$1,400,000
57 days on market
Updated 1 day ago

Rare Downtown Midland Owner-User Opportunity — 8,300 SF

Details
APN R000035184
Property Type Office
Sub Type Creative Office, Traditional Office
Square Footage 8,386
Occupancy 100%
Tenancy Single
Price per SqFt $167
Broker Co-Op Yes
Class B
Year Built 1949
Buildings 1
Stories 2
Lot Size (SqFt) 7,013
Zoning CBD (Central Business District)

8,300 SF two-story office in downtown Midland's CBD - 82% daytime population swell

Marketing description

Rare Downtown Midland Office Opportunity — Borland & Borland Building

Heritage Real Estate is pleased to exclusively present 213 N. Main Street, a ±8386 SF two-story masonry office building in the heart of downtown Midland's Central Business District. Owned and occupied by the same family for nearly 40 years, this is the first time the property has been offered to the market since 1988. The owners are retiring and the building will be delivered vacant at closing.

PROPERTY HIGHLIGHTS

  • ±8,386 SF total (± 6,465.8 SF main level + ±1,920 SF upper level)
  • Two-story masonry/brick construction, built 1949
  • ±7,013 SF lot (0.161 acres), CB (Central Business District) zoning
  • Delivered vacant at closing — ideal for owner-user occupancy or repositioning
  • Approximately 14 private offices configured in attorney/assistant pairings
  • Large conference room with executive-grade conference table (conveys)
  • Dual-entry access (front and rear alley); rear parking available
  • Replaced roof; central HVAC; well-maintained throughout
  • Upper level offers value-add potential (±1,920 SF, requires build-out)

LOCATION & MARKET

Positioned on the 200-block of N. Main Street — downtown Midland's most active dining and professional corridor — the property sits one block from the Federal Courthouse and steps from the Omni Hotel and The Lachlan (under construction), two of the most significant downtown development drivers in recent memory. Downtown Midland office vacancy is currently historically tight, reflecting exceptionally tight market fundamentals.

DEMOGRAPHIC STRENGTH

  • +82% daytime population swell — ZIP 79701 grows from 29,941 residents to 54,470 daytime workers
  • 1-mile median household income: $65,954
  • 1-mile average household income: $88,990
  • Midland MSA unemployment: 2.9%
  • Permian Basin — the most productive oil and gas region in North America

SELLER FLEXIBILITY

Ownership is retiring and offers meaningful structural flexibility to qualified buyers:

  • Seller financing considered for qualified buyers with substantial down payment
  • Flexible closing timeline to accommodate buyer due diligence

IDEAL FOR

Law firms (federal courthouse proximity), professional services, oil & gas operators, accounting/CPA firms, architectural or creative office users, and owner-users seeking a downtown Midland signature address.

DUE DILIGENCE

Building measurements per broker and third-party valuation (March 2026); Midland Central Appraisal District reflects ±8,386 SF main level only. Buyer to independently verify all measurements, zoning, condition, and financial information during due diligence.

Contact Reggie Moore at Heritage Real Estate to schedule a private tour or request the full offering package.

Exclusively listed by Lance Marker and Reggie Moore | Heritage Real Estate Texas

Investment highlights

  • First time offered since 1988 — 37+ years of single-family ownership in downtown Midland's CBD
  • ±8,386 SF two-story masonry office building on ±7,013 SF lot, CB (Central Business District) zoning
  • Delivered vacant at closing — ideal for owner-user occupancy, law firm, or professional services relocation
  • One block from the Federal Courthouse — premier location for legal, professional, and government-adjacent users
  • Steps from the Omni Hotel and The Lachlan (under construction) — two of downtown Midland's most significant development drivers
  • 82% daytime population swell in ZIP 79701 (29,941 residents → 54,470 daytime workers)
  • Downtown Midland office vacancy — exceptionally tight market fundamentals
  • Seller financing considered for qualified buyers with substantial down payment
  • Value-add upside on ±1,920 SF upper level with build-out potential

Listing Contacts

LM
TX 0516832
Heritage Real Estate Group
Listed by Heritage Real Estate Group

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Additional Information

Name
Reggie Moore
License
845287-SA
Brokerage
Heritage Real Estate
Brokerage Phone
432.246.7324
Title
Broker of Record
Brokerage Address
5030 East University Blvd Suite B401 Odessa, TX 79762
Name
Lance Marker
License
0516832
Brokerage
Heritage Real Estate
Brokerage Phone
4327010550
Title
Real Estate Broker
Brokerage Address
5030 East University Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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