1110 Austin St - Self-Storage Facilities FOR SALE


Hempstead, TX 77445
$950,000 USD
979-826-0011
1110 Austin St, Hempstead, TX for Sale
$950,000 USD
Self-Storage Facilities - FOR SALE
1/10
null | Request Cap Rate

1110 Austin St
Hempstead, TX 77445


OVERVIEW

For Sale: Prime 83-Unit Storage Building – Former Schwartz Department Store Size: 9,438 Sq. Ft. Zoned: Central Business District (CBD) This is a rare opportunity to own a 9,438 sq. ft. building with 83 storage units, formerly the iconic Schwartz Department Store. Located in a highly visible, Central Business District (CBD) zone, this property offers incredible potential for both its current use as a storage facility and future development opportunities. Whether you’re an investor seeking steady income or a developer looking for a prime location in the heart of the city, this property delivers on both fronts. Property Highlights: 83 Storage Units: A variety of unit sizes. Historic Significance: The building was once home to the famous Schwartz Department Store, offering a unique blend of history and character. Spacious Layout: 9,438 sq. ft. of space with potential for expansion or repurposing. This well-maintained structure is ideal for continued storage use or as the foundation for future developments. Zoned Central Business District (CBD): Located in a high-demand CBD area, this property is perfectly positioned for commercial or retail. Prime Location: Situated in a bustling area with high foot traffic and easy access for customers, making it ideal for both storage and future commercial ventures. Security Features: Equipped with 24/7 surveillance, secure access, and well-maintained units to ensure the safety and convenience of tenants. Ample Parking: Generous parking space available for customers and staff, enhancing accessibility. Development Potential: With its Central Business District zoning, the property offers significant opportunities for mixed-use redevelopment, residential conversion, or expanding its current use. Affordable Pricing: A competitive price point for a prime location in the CBD, with excellent potential for growth and income. This 9,438 sq. ft. property in the heart of the Central Business District offers an incredible investment opportunity. Whether you're interested in operating as a storage facility or taking advantage of the zoning for redevelopment, this building offers endless potential.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$101 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

83 Unit Storage Business

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,000 SF

ZONING

Central Business Dist.

APN/PARCEL ID

20086

ASK ABOUT THIS PROPERTY

Crystal KrivackaFife RealtyMore Info
979-826-0011

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Crystal KrivackaFife RealtyMore Info
979-826-0011

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