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214 W 5th St
Odessa, TX 79761
Office/Medical Building in Odessa · Office Property For Sale
Investment Highlights
- Less than 1/2 mile from Starbucks, Medical Center Hospital, Odessa Marriott, Torchy's Tacos, and Scooter's Coffee
- Great investment opportunity
- Opportunity to customize a full build-out
Executive Summary
Excellent location for an office or medical space in Odessa, right down the road from Starbucks, Torchy’s Tacos, Scooter’s Coffee, the Medical Center Hospital, and the Odessa Marriott. The Odessa Development Corporation has an incentive for revitalization in downtown Odessa by providing $250,000 grants to be used (post closing) on improving existing property infrastructure. Buyer could take advantage of this grant to renovate the interior of this property. This space totals 5,200 SF on 0.18 Acres. The property was renovated in 2017 on the exterior with paint, windows, and pavement. The interior was completely stripped making it a clean slate for your needs. Utilities include city water, city sewer, and has internet. There are 9 paved & striped parking spots.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
5,200 SF
Building Class
B
Year Built
1963
Price
$1,082,917 CAD
Price Per SF
$208.25 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,600 SF
Building FAR
0.66
Lot Size
0.18 AC
Zoning
Central Business
Property Taxes
| Parcel Number | 22000-00825-06000 | Improvements Assessment | $416,276 CAD |
| Land Assessment | $36,612 CAD | Total Assessment | $452,888 CAD |
Property Taxes
Parcel Number
22000-00825-06000
Land Assessment
$36,612 CAD
Improvements Assessment
$416,276 CAD
Total Assessment
$452,888 CAD
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