Located in the heart of Midland, this is an incredible investment opportunity with immediate cash flow, strong upside, and highly motivated sellers willing to offer a deal they otherwise wouldn?t due to their desire to scale after Shark Tank. This fully leased building offers just under 10,000 SF with a secured 3-year tenant in place, providing stability and dependable income from day one. Positioned at around an 8% cap rate, this property presents a rare opportunity for investors seeking strong returns and long-term value?including an estimated $500,000 return on investment within the first three years. Since 2019, the building has undergone over $750,000 in improvements, including full LED lighting upgrades, fiber internet infrastructure, white high-grade epoxy flooring, rubber composite stair flooring, a modernized reception area with electronic displays, a renovated 1,500 SF premium suite, updated shared kitchen and café-style common areas, resurfaced parking lot, upgraded gutter and waterproofing systems, stylish exterior lighting, and an elevator brought fully to code with a hands-free emergency phone. The flexible layout is ideal for office, medical, or creative professional use, making it a standout asset for investors looking for immediate performance and future appreciation. Sale includes real estate only?no business attached.
General Information
Sale Price: $2,295,000
Price/SqFt: $231
Status:
MLS#: 50200892
City: midland
Post Office: midland
County: Midland
Acres: 0.99
Lot Dim: Irregular
Size: 9,948 sq.ft.
Acreage: 0.99 est.
Year Built: 1990
Property Type: Commercial/Industrial
Tax, Fees & Legal
Est. Summer Taxes: $2,024 Est. Winter Taxes: $2,024
Listing Courtesy of: Brooke Bickerstaff of Keller Williams Preferred