5420 Harrisburg Blvd - Restaurant FOR SALE


Houston, TX 77011- Second Ward
$750,000 USD
5420 Harrisburg Blvd, Houston, TX for Sale
$750,000 USD
Restaurant - FOR SALE
1/15
null | Request Cap Rate

5420 Harrisburg Blvd
Houston, TX 77011
Second Ward


HIGHLIGHTS

  • Excellent visibility on Harrisburg Blvd plus additional frontage on Altic St. and Texas Ave.
  • Front-door METRORail light rail stop providing convenient transit connectivity to downtown Houston.
  • Located approximately 2.5 miles from the Central Business District with nearby retail and dining amenities.
  • Situated in a federally designated Opportunity Zone for potential tax advantages.

OVERVIEW

Please see the attached "History of Lenox BBQ Story" and the legacy that this location represents. This is an operating BBQ business; with two large BBQ pits, and one smaller one. The location in the heart of EADO, and right on the Harrisburg (Green) Light Rail line make it a highly visible and attractive site to continue as a BBQ or other type restaurant, law, tax, or doctor's office. or redeveloped into condos or townhomes. The building has 2,658 SF of usable air-conditioned space. The seller will also consider selling the equipment and client contacts list, as a separate transaction.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$282 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

-

APN/PARCEL ID

0380490000003,0380490000005,0380490000006,0380490000009

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Carlos Garcia IICarlos Garcia RealtyMore Info

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