COMMONWEALTH ST - PORTFOLIO SALE Office FOR SALE


Houston, TX - Hyde Park
$2,899,990 USD
832-755-6561
, Houston, TX for Sale
$2,899,990 USD
Office - FOR SALE
1/15
null | Request Cap Rate

COMMONWEALTH ST - PORTFOLIO SALE
Houston, TX
Hyde Park


HIGHLIGHTS

  • Surrounded by upscale residential communities, boutique retail, and walkable dining destinations
  • Well suited for both short-term value-add execution and long-term hold strategies
  • Centrally located with convenient access to Downtown, the Texas Medical Center, Museum District, Hermann Park, and the Ion District

OVERVIEW

RARE OPPORTUNITY to acquire a contiguous assemblage of FIVE parcels totaling approximately 0.56 ACRES in the heart of MONTROSE. The property includes FOUR income-producing commercial buildings totaling approximately 10,750 SF, along with one undeveloped lot—offering immediate cash flow with significant upside for redevelopment, owner-user use, or long-term hold.This prime site is surrounded by UPSCALE residential, boutique retail, and walkable dining, with easy access to Downtown, the Texas Medical Center, Museum District, Hermann Park, and the Ion District. The portfolio currently can generate approximately $17,200//MONTH in rental INCOME, allowing investors to hold the asset while working through project plans, entitlements, and preliminary development without carrying vacant land. With neighboring townhomes trading for over $1M and a significant influx of growth throughout Montrose, this site is positioned in a high-demand area ideal for luxury residential or mixed-use development!

ASK ABOUT THIS PROPERTY

Zain MominAtlas Real EstateMore Info
832-755-6561

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

Zain MominAtlas Real EstateMore Info
832-755-6561

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