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
1/63
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 & I-69/US-59 that 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 I-69/US-59 makes commuting convenient across Houston.
  • Proximate to Downtown Houston, Midtown, the Museum District & Hermann Park.
  • Less than 2 miles from Texas Medical Center and 3 universities: the University of Houston, Texas Southern University & Rice University.
  • Owner Financing Available!

OVERVIEW

Owner Financing Available! Property is located by Hwy 288 & I-69/US-59 on a 12,208 sqft corner lot at Prospect St & Live Oak St, with street parking in front of the building on both roads. The 2-story brick building features 6 individual suites, each with a private bathroom, offering excellent flexibility and privacy for a variety of professional uses. Three suites are conveniently located on the 1st floor, 2 suites are upstairs, and the 6th suite is a 660 sqft freestanding structure in the parking area. An oversized wrap-around balcony provides a covered walkway from the parking lot to the front door of the main building. A paved parking lot is located behind the building, accessed from Live Oak St. Originally built as a single-family residence in 1936, the building has been thoughtfully modified into a professional office complex to meet the needs of modern business operations while preserving its historic charm. 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, and Hermann Park. Less than 2 miles from Texas Medical Center, one of the largest medical complexes in the world, and 3 universities: the University of Houston, Texas Southern University & Rice University. 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. 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. With a versatile layout and distinct character, this property presents an excellent opportunity for businesses seeking a functional yet inviting workspace. Whether you're a small firm looking for a multi-suite setup or an investor exploring rental income potential, this property is worth your attention. 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. 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.