3801 Delano St - Freestanding FOR SALE


Houston, TX 77004- Third Ward
$1,200,000 USD
346-409-6885
3801 Delano St, Houston, TX for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

3801 Delano St
Houston, TX 77004
Third Ward


HIGHLIGHTS

  • Existing 2,400 SF commercial building leased at $3,500 per month, net of operating expenses.
  • Approximately 11,550 SF two-lot site with additional land available for potential flex, retail or commercial development.
  • Corner exposure at Delano and Alabama with existing parking and convenient access to Downtown, TSU, University of Houston and major highways.

OVERVIEW

Income-producing corner retail property on approximately 11,550 SF of land with an existing 2,400 SF commercial building. Currently leased to a thrift store at $3,500 per month, net of operating expenses. Additional land formerly improved with two buildings offers potential for future flex, retail or commercial expansion. Located at Delano Street and Alabama Street in Houston’s Third Ward. Asking price: $1,200,000.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$500 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

-

APN/PARCEL ID

0611620250001

ASK ABOUT THIS PROPERTY

Endy EbuFairdale RealtyMore Info
346-409-6885

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Endy EbuFairdale RealtyMore Info
346-409-6885

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