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High Traffic Location for 5,947 SF Restaurant 2411 W Wall St 5,947 SF Retail Building Midland, TX 79701 $1,300,000 ($218.60/SF)
INVESTMENT HIGHLIGHTS
- 5,947 SF on 1.075 Acres
- Spacious Parking
- (2) Kitchens
EXECUTIVE SUMMARY
This location was once Tampico Restaurant, a cherished Midland favorite for many years. This property offers a versatile commercial space ideal for a restaurant or bar business. Situated on a spacious 1.075-acre lot along the highly visible Wall Street, this location boasts excellent exposure and accessibility. The property includes (2) offices, a full bar, and storage. It also features a check-in waiting area, (2) kitchens, multiple dining rooms, and a drink prep area. Additionally, it offers an outdoor patio with shaded seating, perfect for "al fresco" dining. With a layout that supports both indoor and outdoor operations, this property is a prime opportunity for a thriving hospitality venture. Furthermore, it offers abundant parking to support a successful business.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,947 SF
Building Class
C
Year Built
1975
Price
$1,300,000
Price Per SF
$218.60
Building Height
1 Story
Building FAR
0.13
Lot Size
1.07 AC
Zoning
LR3
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $311,290 | |
| Land Assessment | $83,860 | Total Assessment | $395,150 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$83,860
Improvements Assessment
$311,290
Total Assessment
$395,150
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High Traffic Location for 5,947 SF Restaurant | 2411 W Wall St
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