1841 Richmond Ave - Restaurant FOR SALE


Houston, TX 77098- Montrose
$1,795,000 USD
832-755-1745
1841 Richmond Ave, Houston, TX for Sale
$1,795,000 USD
Restaurant - FOR SALE
1/17
null | Request Cap Rate

1841 Richmond Ave
Houston, TX 77098
Montrose


HIGHLIGHTS

  • Located within Houston's established Montrose district.
  • Convenient access to Downtown Houston and major employment centers.
  • Surrounded by restaurants, retail, residential, and office uses.
  • Positioned within Houston's Inner Loop commercial market.
  • Premier Freestanding Retail Oppurtunity with dedicated parking

OVERVIEW

1841 Richmond Avenue presents a rare opportunity to acquire a freestanding retail building in one of Houston's most established and supply constrained commercial corridors.Situated in the heart of Montrose this property combines excellent visibility , 13 dedicated parking spots as well as extensive infrastructure including a 1000 gallon grease trap, commercial kitchen and walk in cooler and freezer while maintaining the flexibility to accommodate a wide variety of retail, medical and commercial uses. The surrounding area features a mix of residential density, office users, neighborhood retail, hospitality venues, and regional dining destinations, creating consistent activity throughout the day and evening. Accessibility to major thoroughfares including U.S. 59/I-69 and nearby connections to Downtown Houston and the Texas Medical Center further enhances the property's market reach. Whether purchased by an owner-investor targeting a high demand infill market, the property offers a combination of location , functionality, and long term value that is rarely available For investors and owner-users, the property's location within a mature infill trade area offers the benefits of limited land availability, established consumer demand, and proximity to some of Houston's most recognized neighborhoods. The combination of a standalone building, visibility along Richmond Avenue, and placement within an active mixed-use environment supports a variety of potential commercial uses.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$476 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

-

APN/PARCEL ID

0660870010001,0660870010028

ASK ABOUT THIS PROPERTY

Kevin KeaneNoble House Real Estate-Kevin Keane TeamMore Info
832-755-1745

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Kevin KeaneNoble House Real Estate-Kevin Keane TeamMore Info
832-755-1745

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.