1110 E Scharbauer Dr Midland, TX ^$ 1,200,000

1110 E Scharbauer Dr

^$ 1,200,000

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1110 E Scharbauer Dr

Midland, TX, 79705

^$ 1,200,000

Studio Baths0.0 Sq 15,452

Monthly Estimate*

^$ 7,976

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Studio

Commercial Property for sale in Midland, TX

for $1,200,000. This 15,452 square foot building was built in 1983 on a lot size of 1.66.

Currently an event and entertainment center complete with stage (additional breakers for sound equip), two full bars, commercial kitchen with walk-in fridge, lighting for performances arranged to create various effects, public/private restrooms, ticket office, multiple management offices, large storage space throughout. Turn-key for a night club, event center, dance studio, fitness club/mixed martial arts training center. Convert to grocery store, private school, movie theater and more.

Commercial Active

Price

^$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Retail

Lot Size

1.66

Year Built

1983

Town/City

Midland

County/Region

Midland

MLS | Web ID

50062966

Features

General

Road Frontage City Street

Heating Gas Zoned

Cooling Electric Individual A/C Units Zoned

Ceiling Height 20 to 40 ft

Roof Metal

Parking Covered Parking Paved Parking

Year Built 1983

Subdivision Lynside

Stories One

Exterior

Road Surface Paved

* Excluded Features

List By

Lmb Group, Ltd

Broker

Affordability Calculator

$7,976

Per Month

Monthly Principal & Interest: $7,976
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Midland, TX

Average List Price ^$2,044,482

Percent of Sale Price 70%

About Midland, TX

132,228 Population

36% Since 2002

^$73,751 Median Income

34.79 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1795957 Elementary School

1795677 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/26/2024	$1,200,000	-19.46%	Price Down
8/21/2023	$1,490,000		Listed Price

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1110 E Scharbauer Dr, Midland, TX, 79705 is a Commercial Property for sale at $1,200,000 with 15,452 sqft and a lot size of 1.66. 1110 E Scharbauer Dr is a studio with 0.0 baths and was built in 1983. The property's zip code is 79705 which is in Midland, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Permian Basin Board of Realtors

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Permian Basin Board of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/5/2024.

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1110 E Scharbauer Dr

Commercial Property for sale in Midland, TX

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