1611 E Taylor Ave
Midland, TX 79701
Taylor Ave Buildings · Industrial Property For Sale

No owner financing. Buyer agrees to participate in 1031 and sign lease continuation agreements (estopple certificates). Existing Lease property for sale by owner. $319,999. Currently leased. Takeover lease at $4k per month instant cash flow. One year left on lease then goes up to $5.4k per month. Selling As is. Will begin improvements soon; sale price and lease price will go up as completed. Get it before I start as a good deal. Read below. 1609 and 1611 E Taylor Ave Midland TX 79701 Combined: both properties = 8,000 sq ft of shop on a total of .998 acre. Survey plat in pics = 5 lots in 3 tracts. Gas line on survey is dead / unused and will likely never be an issue. Separate electric meters and addresses. 1611: 4800 sq ft steel building on slab. Yard is .43 acre. Industrial zone. No flood plane. Three bay doors. One small office. Two bathrooms (one office one shop). One apartment / storage area and loft storage above Office. Paint room / tool room. Two water wells. 3 phase 240. Large air compressor and new lines ran throughout shop last month. 7 ft security fencing with front and rear 20ft gates. Yard recently Caliche but need about one more load in back corner. Security system/ alarm and cameras. Septic / water well / propane / wall HVAC. 1609: 3200 sq ft steel building on slab. Yard is .258 acre. Industrial zone. No flood plane. Two bay doors. One large office can easily fit two desks, three is tight but is currently working. One bathroom. Loft. One water well single phase 240. 7 ft security fence. One 20 ft gate. Yard has rock at surface. Security system / alarm and cameras. Septic / water well / wall HVAC