500 W Ohio Ave
Downtown Midland Investment Opportunity
Marketing description
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.
Investment 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
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