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Investment Highlights

  • Hurricane Proof Building
  • Prime Location
  • An Intrical Part of Downtown Midland

Executive Summary

UNIQUE DOWNTOWN HONOLULU BUILDING! This stunning building features inviting lobbies, elevator, kitchenettes, & restrooms on each floor, along w/ beautifully designed office spaces spread across three levels. The offices vary in size, w/ some offering breathtaking views of downtown. Ideally located, this property provides excellent signage opportunities & is suitable for a diverse range of professional offices, as well as potential creative ventures. Your clients will be captivated by the upstairs covered patio. Also, inquire about the building's rich history & its hurricane proof structure!
(Can Release financials per signed NDA)

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
24,775 SF
Building Class
B
Year Built
1948
Price
$4,500,000
Price Per SF
$181.63
Percent Leased
71%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,258 SF
Building FAR
1.17
Lot Size
0.48 AC
Zoning
C1
Parking
25 Spaces (1.01 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Home Hospice
  • Health Care and Social Assistance
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Home Hospice was founded in January of 1995 by Rev. Hilton Chancellor who saw a need for local hospice care that is provided by local people who are involved in the community. Today, Home Hospice, a CHAP accredited agency, has grown to be the largest and most used hospice provider in the Permian Basin, with offices in Odessa, Midland, Big Spring, and Andrews.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Home Hospice Health Care and Social Assistance - - Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 2nd Fl-Ste 209
  • 522 SF
  • Office
  • Full Build-Out
  • Now

Two adjoined executive suites. Full Service Gross lease includes utilities and janitorial Move-in ready professional office suites Renovated common areas and welcoming lobby Modern elevator serving all three floors Shared kitchenettes and restrooms on each floor Fiber optic internet available Excellent downtown signage opportunities Abundant natural light throughout the building Select suites offer views of Downtown Midland Walking distance to City Hall, Midland County Courthouse, restaurants, and financial institutions Ideal for attorneys, CPAs, engineers, energy companies, financial professionals, consultants, and other professional office users

  • 2nd Fl-Ste 241
  • 224 SF
  • Office
  • Full Build-Out
  • Now

Full Service Gross lease includes utilities and janitorial Move-in ready professional office suites Renovated common areas and welcoming lobby Modern elevator serving all three floors Shared kitchenettes and restrooms on each floor Fiber optic internet available

  • 2nd Fl-Ste 260
  • 622 SF
  • Office
  • Full Build-Out
  • Now

Full Service Gross lease includes utilities and janitorial Move-in ready professional office suites Renovated common areas and welcoming lobby Modern elevator serving all three floors Shared kitchenettes and restrooms on each floor Fiber optic internet available

Space Size Space Use Build-Out Available
2nd Fl-Ste 209 522 SF Office Full Build-Out Now
2nd Fl-Ste 241 224 SF Office Full Build-Out Now
2nd Fl-Ste 260 622 SF Office Full Build-Out Now

2nd Fl-Ste 209

Size
522 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 241

Size
224 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 260

Size
622 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 209

Size 522 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Two adjoined executive suites. Full Service Gross lease includes utilities and janitorial Move-in ready professional office suites Renovated common areas and welcoming lobby Modern elevator serving all three floors Shared kitchenettes and restrooms on each floor Fiber optic internet available Excellent downtown signage opportunities Abundant natural light throughout the building Select suites offer views of Downtown Midland Walking distance to City Hall, Midland County Courthouse, restaurants, and financial institutions Ideal for attorneys, CPAs, engineers, energy companies, financial professionals, consultants, and other professional office users

2nd Fl-Ste 241

Size 224 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Full Service Gross lease includes utilities and janitorial Move-in ready professional office suites Renovated common areas and welcoming lobby Modern elevator serving all three floors Shared kitchenettes and restrooms on each floor Fiber optic internet available

2nd Fl-Ste 260

Size 622 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Full Service Gross lease includes utilities and janitorial Move-in ready professional office suites Renovated common areas and welcoming lobby Modern elevator serving all three floors Shared kitchenettes and restrooms on each floor Fiber optic internet available

Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
R000035-117
Land Assessment
$42,000
Improvements Assessment
$727,793
Total Assessment
$769,793
  • Listing ID: 35844033

  • Date on Market: 5/13/2025

  • Last Updated:

  • Address: 200 W Illinois Ave, Midland, TX 79701

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