9205 Mesa Dr - Showroom FOR SALE


Houston, TX 77028- East Houston
$420,000 USD
832-863-8911
9205 Mesa Dr, Houston, TX for Sale
$420,000 USD
Showroom - FOR SALE
1/12
null | 15.71% Cap Rate

9205 Mesa Dr
Houston, TX 77028
East Houston


HIGHLIGHTS

  • Mixed-Use space with event center and separate leased office suite.
  • Combo sale includes 2 properties- seller open to deal on adjacent third property.
  • High-traffic frontage on Mesa Dr. in active commercial corridor.
  • 50% leased with immediate rental income and owner-user opportunity.

OVERVIEW

This listing represents a PACKAGE DEAL for two adjacent commercial properties: *9205 Mesa Dr: Event center (ballroom) with a separate office suite (Section B-currently leased at $1,250/month). *8717 Sunderland Rd: Multi-office commercial building currently leased at $2,300/month. The event center (Section A at 9205 Mesa) is vacant and estimated at 2,500 sq ft, ideal for owner occupancy or additional rental income. * NOI reflects projected full occupancy at $66,600/year. Current income is approx. $42,600/year. BUYER TO INDEPENDENTLY VERIFY all square footage, lease terms and financials. Zoning information and specific permitted uses have not been independently verified. Buyer should contact the City of Houston for confirmation. Excellent oppurtunity for investors seeking income-producing property with value-add potential in a growing commercial corridor. ***NOTE: Adjacent property at 9201 Mesa Dr. (currently listed seperately) is also available. Seller is open to a package deall if all three properties are purchsed together.

FOR SALE DETAILS

PRICE

$420,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

15.71%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Auto Repair, Freestanding, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27

LAND SF

11,761

ZONING

-

APN/PARCEL ID

0772610030069

ASK ABOUT THIS PROPERTY

Yadira CruzeXp RealtyMore Info
832-863-8911

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Yadira CruzeXp RealtyMore Info
832-863-8911

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