Highly Visible Entertainment Center
1110 E Scharbauer Dr | Midland, TX 79705
$1,499,000
Sale Price
Property Details
| Sale Price: | $1,499,000 |
| Year Built: | 1983 |
| Property Type: | Office |
| Building Class: | B |
| Building Size: | 15,452 SF |
Property Description
An exciting opportunity to buy a highly visible event & entertainment center with an excellent location! This 15,452 SF facility features a stage, two full bars, commercial kitchen with walk-in fridge, lighting to create various effects, public/private restrooms, ticket office, multiple management offices, and large storage spaces throughout. Turn-key for an event center, fitness club, mixed martial arts training center, nightclub, or entertainment facility. Different visions for this space? Convert it into a grocery store, private school, movie theater, etc. - the possibilities are endless. Family owned since it's construction, this building has been well maintained and improved/updated over time. Contact Amy Barnett for more details on this space.
Location Description
Located on high traffic Scharbauer Drive between Fairgrounds and Lamesa in Midland, TX. This area is located about 2 miles North of Front St and 3 miles North of Interstate 20.
Highlights
- Previous Event & Entertainment Center
- 15,452 SF on 1.66 Acres
- Multiple Management Offices
- Stage, Bars, Kitchen, Lighting, Ticket Office
- Turn-Key for an Event/Entertainment Center
- Excellent Parking & Carport Spaces
- Family Owned & Well Maintained
Map
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| 1110 E Scharbauer Dr Sale_Brochure.pdf |
| 0.3 Miles | 0.5 Miles | 1 Miles | |
|---|---|---|---|
| Total households | 359 | 1,048 | 4,601 |
| Total population | 1,144 | 3,329 | 13,263 |
| Population white | 28.9% | 29.0% | 30.9% |
| Population black | 13.8% | 14.8% | 16.2% |
| Population hispanic | 75.9% | 74.8% | 68.7% |
| Population asian | 1.0% | 1.0% | 1.0% |
| Population pacific islander | 0.1% | 0.1% | 0.1% |
| Population american indian | 1.4% | 1.3% | 1.1% |
| Population other | 25.3% | 23.8% | 21.0% |
| Persons per household | 3.2 | 3.2 | 2.9 |
| Average household income | $70,767 | $72,931 | $79,316 |
| Average house value | $183,795 | $190,003 | $217,569 |
| Average age | 36 | 36 | 37 |
| Average age male | 35 | 35 | 35 |
| Average age female | 37 | 38 | 38 |