515 W 42nd St

For Sale

515 W 42nd St, Odessa, TX 79764

This Odessa property for sale is located at 515 W 42nd St. The current listed sale price for 515 W 42nd St is $1,300,000. 515 W 42nd St is situated on a lot that is 0.47 acre in size.

Contacts

Jack Oduro

Moriah Brokerage Services

Property Details

  • Property Type Retail - Street Retail
  • Property Size 4,620 SF
  • Lot Size 0.47 Acre
  • Year Built 1958
  • Year Renovated 2025
  • Date Updated Aug 5, 2026
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.Prime freestanding retail investment opportunity featuring a well-maintained 4,620 SF building originally constructed in 2005 and recently renovated. The property is 100% leased on a new 5-year lease, providing stable income for investors. Recent improvements include new HVAC systems, upgraded lighting and electrical infrastructure, refreshed interior finishes, and a resurfaced parking lot. The building also features a warehouse with two bay doors and an enclosed, climate-controlled storage room, adding valuable back-of-house functionality. Situated along a high-traffic corridor in Odessa, this property combines a strong tenant commitment, modern upgrades, and excellent visibility, making it an outstanding investment opportunity.
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Highlights

  • 0.47-Acre Site
  • 100% Leased 5-Year Lease in Place
  • 4,620 SF Freestanding Retail Building
  • Active Interior & Exterior Security Cameras
  • Approximately 60' of Frontage on 42nd Street
  • Convenient On-Site Parking
  • Excellent Visibility Along a High-Traffic Corridor
  • Large Showroom with Bar-Style Countertops & Shelving
  • Newly Renovated (2025)
  • Warehouse with (2) Bay Doors & Climate-Controlled Storage

Attachments

Getting around

  • 40/100

    Walk Score ®

  • 35/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Odessa, TX
  • Neighborhood Odessa
  • Zip Code 79764
  • Market Midland Odessa

Points of Interest

  • Chevron

    0.37 miles

  • Phillips 66

    0.41 miles

  • Texaco

    0.48 miles

  • Stripes

    1.61 miles

  • Pilot

    1.85 miles

  • H-E-B Fuel

    1.92 miles

  • Murphy USA

    2.16 miles

  • Alon

    3.12 miles

  • Mesa Parking

    3.60 miles

  • Denny's

    0.32 miles

  • McDonald's

    0.36 miles

  • Arby's

    0.38 miles

  • Wendy's

    0.39 miles

  • Subway

    0.43 miles

  • Curb Side Bistro

    0.43 miles

  • Church's Chicken

    0.44 miles

  • Boba Cup Fried Rice Express

    0.44 miles

  • Whataburger

    0.50 miles

  • Volcano Korean BBQ

    0.95 miles

  • Western Village Shopping Center

    0.92 miles

  • Sherwood Village Center

    0.97 miles

  • United Supermarkets

    1.10 miles

  • Crestwood Shopping Center

    1.11 miles

  • Lowe's Market

    1.13 miles

  • Sherwood Shopping Center

    1.16 miles

  • Sherwood Medical Center

    1.23 miles

  • North Plaza

    1.33 miles

  • H-E-B

    1.79 miles

  • West County Plaza

    2.01 miles

Contact Listing Broker
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