112 Loraine StMidland, TX 79701

For Lease
$16/SF/YR

Historic Downtown Midland building, flexible lease terms.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional six-story, 27,000-square-foot commercial building, located at 112 S Loraine St, Midland, TX 79701, presents a unique opportunity for businesses seeking office or retail space in the heart of the Central Business District. Built in 1927, this Class C building boasts a rich history and is situated on a 10,500-square-foot lot (0.241 acres). The property features two elevators and offers multiple tenancy options, with spaces available from a minimum of 1,000 square feet. Several configurations are possible, including entire floors and even the penthouse. Ideal for coworking spaces or traditional office setups, the building's prime location on S Loraine St, near Wall Street, ensures high visibility and accessibility. Lease terms are flexible, ranging from 6 to 36 months, with the landlord demonstrating a willingness to negotiate rates between $14 and $16 per square foot. The APN is R000035382. This is a rare chance to secure a prominent space in a well-established Midland building with a landlord committed to finding the right fit for its tenants.

Highlights

  • Prime downtown Midland location.
  • Flexible lease options: full floors or individual suites available.
  • Suitable for retail or office use.
  • Leases from 6 to 36 months, $14-$16/SF, with negotiable rates.
  • Landlord offers flexible lease terms and rates.

Property Details for 112 Loraine St

Property type
Other retail properties, Individual retail properties
RSF (Rentable sq. ft)
27,000 SF
Class
C
Year Built
1927
Buildings
1
Stories
6

Unit(s) available at that property

Space
Office Space
Size
1,000 SF
Rate per SF
$16
Space
Retail Space
Size
1,000 SF
Rate per SF
$16

Location Insight

City
Midland
County
Midland
State
Texas
Latitude
31.9968632
Longitude
-102.0759274
112 Loraine St, Midland, Texas

FAQs

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112 Loraine St
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