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Commercial Gentrification

$490,000

8209 Howard Drive, Houston, TX 77017

Active
Last Updated: 08/02/2024

7.9

Cap Rate

2,885 sqft

Building Size

Details:
Cap Rate:    7.9%
Building Size:    2,885 sqft
Lot Area:    7,250 sqft
Occupancy:    50%
Class:    C
Units:    2
Lease Type:    Full Service
Year Built:    1938
Price Per Sqft:    $189.55
Tenancy:    Multiple
Parking Spots:    8
Description:

This property is located in the mist of commercial businesses. It use to be a Residential area but it is gentrifying to commercial.
It has a guest quarters that has been an income producing addition for years. Both: Main house and guest quarters can be rented out or the main house can be use for your business or lease to an entity. In total the property has six bedrooms and two full baths. A spacious land spaces and a terrace that can be multi-purpose.

Map:
Documents:
Title
OM_8209_Howard_Dr.pdf
CDA-NONDISCLOSURE_AGT-KWCEC.pdf
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Location
Gallery