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120 Main Place 120 S Main St 158,000 SF 100% Leased Office Building Victoria, TX 77901 $4,467,886 CAD ($28.28 CAD/SF)

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Executive Summary

Located in the heart of Downtown Victoria, TX, this iconic 172,000 sq. ft. office building seamlessly blends historic charm with modern functionality. Known in its early years as home to the Victoria Bank and Trust, it retains its distinguished architectural character while offering versatile office spaces suitable for corporate headquarters, professional offices, or mixed-use opportunities. The property includes a dedicated parking garage along with additional surface lots, providing convenient access for tenants and visitors. With its classic design elements and rich historical significance, this landmark building stands out in Victoria’s vibrant downtown core, just steps from local businesses, dining, and entertainment. This is a rare opportunity for investors, business owners, or developers to acquire a prominent downtown property with substantial space, built-in parking, and strong potential for value-add or adaptive reuse.

Property Facts

Sale Type

Investment or Owner User

Property Type

Office

Building Size

158,000 SF

Building Class

Year Built

1964

Price

$4,467,886 CAD

Price Per SF

$28.28 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

6 Stories

Typical Floor Size

26,333 SF

Building FAR

3.31

Lot Size

1.10 AC

Opportunity Zone

Yes

Bus Line

Conferencing Facility

Property Manager on Site

Security System

Major Tenants

Real Estate
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120 Main Place stands as a historic commercial building in downtown Victoria, Texas. Constructed in 1964, the building originally housed Victoria Bank and Trust. The 172,000 square foot structure combines historic architectural elements with modern office amenities, providing flexible spaces suitable for various professional services and corporate needs. The property features a dedicated parking garage and surface lots. The central location offers proximity to local businesses and amenities, representing a blend of historical preservation and contemporary commercial utility.

Services
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Golden Crescent CASA began in 1995 with a mission to support vulnerable children in the foster care system. The organization trains volunteers to serve as court-appointed advocates for the children's best interests. These advocates work to ensure children receive proper care and placement in safe environments. The organization operates in eight Texas counties, providing services that help navigate the child welfare system. Through dedicated volunteers, the organization strives to make lasting positive impacts on children's lives.

Professional, Scientific, and Technical Services
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Maverick Engineering was established in 1993 and provides project management and engineering services. The company serves industrial, commercial, and public sector clients with a focus on health, safety, and environmental considerations. Maverick Engineering offers expertise in various sectors including oil and gas, infrastructure, and industrial services. The company operates with a commitment to rigorous project management and continuous improvement practices.

Public Administration
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Workforce Solutions serves the Gulf Coast Texas region as a workforce development organization. The company connects job seekers with employers through services such as career guidance and labor market analysis. Workforce Solutions operates under the Texas Workforce Commission's network and focuses on building regional economic strength. Strategic goals include improving workforce alignment with market needs and expanding educational opportunities. The organization emphasizes creating inclusive communities with employment access for all residents.