808 W Indiana Ave

808 W Indiana Ave, Midland, TX 79701

Property Information

  • For Sale $2,932,340
  • Property Type Office - General Office
  • Property Size 12,560 SF
  • Lot Size 0.52 Acre
  • Building Class B
  • Year Built 1978
  • Year Renovated 2025
  • Date Updated Jul 14, 2026

Description

808 West Indiana Avenue is located in Midland’s West End neighborhood, just steps from Downtown Midland. The surrounding area features a balanced mix of office buildings, residential and locally owned businesses, including healthcare facilities, retail shops, and dining options, creating a vibrant, community-oriented environment. The property benefits from close proximity to major arterial roadways such as West Wall Street, Big Spring Street, and Industrial Avenue, providing efficient access throughout Midland and the greater market.Presented is a rare opportunity to acquire a fully leased, single-tenant office investment in the heart of Downtown Midland. The property is a 12,560 SF, two-story standalone office building that has undergone a comprehensive renovation completed in 2025 and is secured by a long-term, 10-year lease, offering stable and predictable cash flow. The building showcases high-end marble and wood finishes throughout, combining professional elegance with modern functionality. Extensive capital improvements include new flooring, lighting, HVAC, network cabling, appliances, and fresh exterior pavement, significantly reducing near-term capital expenditure requirements for ownership. Additional upgrades such as a new elevator, tankless hot water heater, reverse osmosis water system, and a modern access control system with alarm further enhance operational efficiency, security, and tenant appeal. Designed to support executive-level office use, the property features multiple private offices, expansive conference rooms, and well-appointed restrooms, all efficiently laid out across the two floors. The site is supported by 20 on-site parking spaces, providing a strong parking ratio of 1.59 spaces per 1,000 SF leased, a notable advantage for a downtown office asset. The building is fully serviced by AT&T fiber optic internet, city water and sewer, and TXU electricity, ensuring reliable infrastructure for long-term tenancy. Its standalone configuration, prime downtown location, and recent modernization make this asset well-positioned as a low-maintenance, stabilized investment suitable for passive investors seeking durable income backed by a quality tenant and a long lease term.

Highlights

  • 12,560 SF Two-Story Standalone Office Building
  • Comprehensive 2025 Renovation – Minimal Near-Term CapEx
  • Institutional-Quality Marble & Wood Interior Finishes
  • Long-Term 10-Year Lease in Place
  • Modern Access Control System with Alarm
  • New Elevator, Tankless Hot Water Heater & Reverse Osmosis System
  • New Flooring, Lighting, HVAC, Network Cabling & Appliances
  • Prime Downtown Midland Location
  • Serviced by AT&T Fiber, City Utilities & TXU Electricity
  • Stabilized, Fully Leased Single-Tenant Office Asset
  • Strong Parking Ratio: 1.59 Spaces per 1,000 SF (20 Spaces)

Contacts

Location

Located at 808 W Indiana Ave, Midland, TX 79701, this property is part of the Urbandale-West End neighborhood and Midland Odessa market.

Contact Listing Broker
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