713-823-2121
3608 Polk St, Houston, TX for Sale
Restaurant - FOR SALE
1/15
null | Request Cap Rate

3608 Polk St
Houston, TX 77003
East Downtown


HIGHLIGHTS

  • 1.1743 Acres of land in EaDo, improved with two buildings, approximately 8097 SF &2031 SF in size
  • The main building has recently been painted and had a new roof installed
  • The site is fully fenced and ideal for a multiple of uses, including retail, office, medical, etc.
  • Permits to finish out the main building interior and overall site applied for. Drawings available.
  • The property has frontage on 3 streets (Polk, Edmundson & Denver) with quick and easy access to IH-45, IH-69, and IH-10
  • The property is a block away from a Metro light rail stop & is on a bike trail with easy access to Downtown & the Greater East End.

OVERVIEW

1.1743 Acres of land in EaDo, improved with two buildings, approximately 8097 SF & 2031 SF in size. The main building has recently been recladded, painted and had a new roof installed. The site is fully fenced and ideal for a multiple of uses, including retail, office, medical, etc. Permits to finish out the main building interior and overall site applied for - Drawings ARE available. The investment represents a tremendous redevelopment opportunity. The property is in Houston’s Greater East End and the East Downtown Management District (EaDo), and is in the shadow of the Houston CBD/Downtown, within a short distance from the Toyota Center, Daiken Park, George R. Brown Convention Ctr & the Houston Center. METRO has a Light Rail stop a block away. The neighborhood is rife with new retail and residential developments. The property has very convenient access to major freeways including IH-10, IH-45, State Highway 288, and Loop 610, and is just minutes from Downtown Houston. The subject site has multiple curb cuts with direct access from Polk, Edmundson, and Denver Streets. 2025 population within a 5-mile radius from the subject property exceeded 482,600 with the average household income exceeding $100,000. Ample Parking is Available. There are however no parking ratio requirements in the East Downtown District where the subject property is located. Utilities are already in place, making it ready for immediate use. The property has a very high Walkable (70) and good Transit (64) Score.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

-

APN/PARCEL ID

0261090020006

ASK ABOUT THIS PROPERTY

Fred GhabrielBejjani & AssociatesMore Info
713-823-2121

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Fred GhabrielBejjani & AssociatesMore Info
713-823-2121

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