Rare Down Midland Owner-User Opportunity - 8,500 SF

Highlights:

• ~82% daytime population swell, historic 1949 masonry
• ~CBD Midland location, delivered vacant
• ~$165/SF, adjacent to active nightlife/dining corridor
• ~Permian Basin economic anchor

Description:

Rare Downtown Midland Office Opportunity — Borland & Borland Building

Heritage Real Estate is pleased to exclusively present 213 N. Main Street, a ±8,500 SF two-story masonry office building in the heart of downtown Midland's Central Business District. Owned and occupied by the same family for nearly 40 years, this is the first time the property has been offered to the market since 1988. The owners are retiring and the building will be delivered vacant at closing.

PROPERTY HIGHLIGHTS

±8,500 SF total (±7,000 SF main level + ±1,500 SF upper level)
Two-story masonry/brick construction, built 1949
±7,013 SF lot (0.161 acres), CB (Central Business District) zoning
Delivered vacant at closing — ideal for owner-user occupancy or repositioning
Approximately 14 private offices configured in attorney/assistant pairings
Large conference room with executive-grade conference table (conveys)
Dual-entry access (front and rear alley); rear parking available
Replaced roof; central HVAC; well-maintained throughout
Upper level offers value-add potential (±1,500 SF, requires build-out)
LOCATION & MARKET

Positioned on the 200-block of N. Main Street — downtown Midland's most active dining and professional corridor — the property sits one block from the Federal Courthouse and steps from the Omni Hotel and The Lachlan (under construction), two of the most significant downtown development drivers in recent memory. Downtown Midland office vacancy is currently historically tight, reflecting exceptionally tight market fundamentals.

DEMOGRAPHIC STRENGTH

+82% daytime population swell — ZIP 79701 grows from 29,941 residents to 54,470 daytime workers
1-mile median household income: $65,954
1-mile average household income: $88,990
Midland MSA unemployment: 2.9%
Permian Basin — the most productive oil and gas region in North America
SELLER FLEXIBILITY

Ownership is retiring and offers meaningful structural flexibility to qualified buyers:

Seller financing considered for qualified buyers with substantial down payment
Flexible closing timeline to accommodate buyer due diligence
IDEAL FOR

Law firms (federal courthouse proximity), professional services, oil & gas operators, accounting/CPA firms, architectural or creative office users, and owner-users seeking a downtown Midland signature address.

DUE DILIGENCE

Building measurements per broker and third-party valuation (March 2026); Midland Central Appraisal District reflects ±7,000 SF main level only. Buyer to independently verify all measurements, zoning, condition, and financial information during due diligence.

Contact Reggie Moore at Heritage Real Estate to schedule a private tour or request the full offering package.

Exclusively listed by Lance Marker and Reggie Moore | Heritage Real Estate Team