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Prime Freestanding Retail Opportunity 515 42nd St 4,620 SF Retail Building Odessa, TX 79764 $981,575 CAD ($212.46 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Frontage on 42nd Street
  • Highlights: Large Show Room | Bar Style Countertops & Shelving | Convenient On-Site Parking | Active Exterior & Interior Security Cameras
  • Newly Renovated (2025)

EXECUTIVE SUMMARY

Prime Freestanding Retail Opportunity! Built in 2005 and recently renovated, this well-maintained freestanding retail property offers a modern, move-in-ready space suitable for a wide range of commercial uses. Recent upgrades include new HVAC systems, enhanced lighting and electrical infrastructure, refreshed interior finishes, and a resurfaced parking lot. In addition to its prime location along a high-traffic corridor in Odessa, the property features a storage warehouse equipped with (2) Bay Doors, as well as an enclosed, climate-controlled storage room within the warehouse. This high-visibility site presents an excellent opportunity for retailers or service users seeking a quality standalone location with functional back-of-house space.
Located on a highly visible stretch of 42nd Street in Odessa, TX, 515 W 42nd St is a well-positioned, retail building offering approximately 4,620 SF on a 0.47-acre lot. The single-tenant building boasts approximately 60 feet of frontage along a high-traffic stretch of 42nd Street.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,620 SF
Building Class
B
Year Built
2005
Price
$981,575 CAD
Price Per SF
$212.46 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.47 AC
Zoning
EB2
Parking
7 Spaces (1.52 Spaces per 1,000 SF Leased)
Frontage
60’ on 42nd St

AMENITIES

  • Tenant Controlled HVAC

NEARBY MAJOR RETAILERS

Denny's
7 Brew Coffee
Prosperity Bank
Truist
McAlister's Deli
Texas Burger
Buddy's Home Furnishings
Fitness 1440 Odessa

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
42220-00070-00000
Land Assessment
$17,236 CAD
Improvements Assessment
$140,974 CAD
Total Assessment
$158,209 CAD
  • Listing ID: 37925449

  • Date on Market: 2025-10-03

  • Last Updated:

  • Address: 515 42nd St, Odessa, TX 79764

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