2601 Prospect St - Medical FOR SALE


Houston, TX 77004- MacGregor
$995,000 USD
713-882-3195
2601 Prospect St, Houston, TX for Sale
$995,000 USD
Medical - FOR SALE
1/61
null | Request Cap Rate

2601 Prospect St
Houston, TX 77004
MacGregor


HIGHLIGHTS

  • Updated 4,724 sqft historic building on a corner lot by TX-288 has been fully converted into a professional office complex.
  • 2-Story brick building features 6 individual suites, each with a private bathroom, offering excellent flexibility and privacy.
  • Centrally positioned with immediate access to Highway 288 and US 59/I-69 makes commuting convenient across Houston.
  • Proximate to Downtown Houston, Midtown, the Museum District, Hermann Park, and both the University of Houston and Texas Southern University.
  • Within 10 minutes of the Texas Medical Center, one of the largest medical complexes in the world.
  • Owner Financing Available!

OVERVIEW

Owner Financing Available! Property is located by Hwy 288 & I-69/US-59 on the corner of Prospect St & Live Oak St with street parking in front of the building on both roads. A paved parking lot is located behind the building with access from Live Oak St. The 2-story brick building features 6 individual suites, each with a private bathroom, offering excellent flexibility and privacy. Oversized wrap-around balcony provides a covered walkway from the parking lot to the front door. Fully converted and updated historic property (built in 1936) now serving as a professional office complex. Centrally positioned with immediate access to Highway 288 and US 59/I-69 makes commuting convenient across Houston. Proximate to Downtown Houston, Midtown, the Museum District, Hermann Park, the University of Houston, and Texas Southern University. Within 10 minutes of the Texas Medical Center, one of the largest medical complexes in the world. Proximity to major event venues, including Minute Maid Park, Toyota Center, NRG Stadium, George R. Brown Convention Center, and Shell Energy Stadium (formerly BBVA Compass Stadium). Excellent access for clients, staff, and guests due to its central urban location. So many possibilities for this charming and functional commercial property, including professional services firms (medical, legal, consulting), non-profits or advocacy groups, educational programs or childcare centers, and owner-occupiers seeking a central location with rental income potential. The thoughtful layout and adaptable suite configuration make this property a rare find in the heart of Houston. The site blends historic character with modern functionality, offering a unique appeal to tenants and investors alike. Showings are by appointment only.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

4,724 Sqft Office Bldg by TX-288 & I-69/US-59

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

Commercial

APN/PARCEL ID

0611260350026

ASK ABOUT THIS PROPERTY

Elgin WellsKW Commercial MetropolitanMore Info
713-882-3195

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Elgin WellsKW Commercial MetropolitanMore Info
713-882-3195

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