Pasadena Mixed-Use Income Property | Huge Value-Add Potential on 2 Acres – $300K Price Reduction!
Address: 2627 Allen Genoa Rd, Pasadena, TX 77506
Price: Now Offered at $300,000 Less Than Last Year
Buyer Broker Commission: 3%
Full Property Information, Photos, and Survey:
https://drive.google.com/drive/folders/1QIv9Niuh-7aaatxqzjiBlXQWq-ahakQ1?usp=drive_link
Seize this rare opportunity to acquire a 2-acre mixed-use commercial property in the high-traffic Pasadena corridor—offering diverse income streams and massive redevelopment potential. Strategically located on busy Allen Genoa Road surrounded by thriving businesses, this site is ideal for owner-users, investors, or developers seeking a strong value-add play.
The property features a retail/office building, multiple hand car wash bays (ready for operation or upgrade to automatic), 22 rentable storage units, and two modular homes generating residential rental income. Additional yard area allows for container storage, food truck leasing, or expansion of warehouse/storage space in the rear.
While no formal leases or financial records are available, the owner reports the following approximate monthly collections:
$3,200 – Retail building income
$2,000 – Modular home rentals
$700 – Detailing bay
$1,000–$2,000 – Car wash and miscellaneous storage income
Total estimated monthly collections: ~$6,900–$7,900
This property represents a high-upside redevelopment opportunity with flexible commercial zoning. The highest and best use may include adding new warehouses or modern storage units in the back to maximize returns.
Seller is highly motivated and wants to close before year-end. Bring your investors—this Pasadena gem won’t last long!