1116 Austin St - Storefront Retail/Office FOR SALE


Hempstead, TX 77445
$250,000 USD
1116 Austin St, Hempstead, TX for Sale
$250,000 USD
Storefront Retail/Office - FOR SALE
1/11
null | Request Cap Rate

Dec '25


1116 Austin St
Hempstead, TX 77445


HIGHLIGHTS

  • Turnkey Mixed-Use Asset – Recently renovated 966± SF building in with new electrical, plumbing, fixtures, paint, and finishes
  • Prime Downtown Location – Positioned in Hempstead’s Central Business District (CBD) with steady foot and vehicle traffic
  • Flexible Zoning – CBD zoning allows a wide range of commercial, professional, and retail uses, ideal for an owner-user, investor, or small business
  • Strategic Access – Less than one mile to Highway 290 and minutes to Prairie View A&M University, Brenham, and the greater Houston metro corridor
  • Growing Market – Located in Waller County, one of Texas’ fastest-growing counties fueling long-term appreciation.
  • Low-Maintenance Design – All new systems (electrical, plumbing, HVAC potential) and sealed concrete flooring minimize future capital expenditures.

OVERVIEW

Located in the heart of Downtown Hempstead’s Central Business District (CBD), this 966± SF mixed-use building offers a rare combination of charm and turnkey upgrades. The property sits on a 1,023± SF lot with excellent visibility and walkability, ideal for a boutique retail space, professional office, salon, or small café. Recent improvements include all new electrical wiring, new plumbing and fixtures, and updated light fixtures and ceiling fans throughout. The building features fresh interior and exterior paint, brand-new shutters, and polished, sealed concrete floors for low-maintenance durability. The expanded ADA-accessible bathroom, new countertops, and added storage loft enhance both functionality and comfort. Outside, a painted and upgraded patio area with a steel grate and clean-out creates an inviting space for outdoor seating or display use. With CBD zoning, city utilities, and proximity to Highway 290, this property is ideal for owner-users or investors looking for a move-in-ready commercial space in a high-growth Waller County market.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Office/Residential, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1800

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,704 SF

ZONING

-

APN/PARCEL ID

20090

ASK ABOUT THIS PROPERTY

Wendy ClineWendy Cline Properties GroupMore Info

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