1310 Lorraine St - Storefront Retail/Residential FOR SALE


Houston, TX 77009
$450,000 USD
281-748-9071
1310 Lorraine St, Houston, TX for Sale
$450,000 USD
Storefront Retail/Residential - FOR SALE
1/10
null | Request Cap Rate

1310 Lorraine St
Houston, TX 77009


HIGHLIGHTS

  • A Corner Lot on Lorraine St. and Chapman St., a 3 block artery to/from HARDY YARDS, the award winning, 350 Unit, Class A apartment Development
  • The building was incredibly well Built by Craftsmen in 1945 who incorporated great architectural features.
  • It's well located to attract customers for any Retail Business, and is walking distance(.9 mi) to a multimodal Station to hop on light-rail or a bus.

OVERVIEW

The 'Montalbano Mansion' is versatile structure has been used as a single family home(originally built by the Montalbano Lumber family in 1945) , Commercial, and Mixed use Commercial/Multi-family. The corner lot at Lorraine St. and Chapman St. is perfect for a Retail operation to take advantage, not only of the drive-by traffic but, the thousands of residents that live within a short walking distance from it's location. One vision might put a Coffee/Sandwich shop or Convenience store on the bottom floor and the upstairs is already laid out for office spaces, or restructure the space for a 2nd retail outlet or 1 or 2 luxury apartments. Please let me know how you envision reusing this Classic and well-built Structure!

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store, Restaurant, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,058 SF

ZONING

-

APN/PARCEL ID

0090500000001,0090500000003

ASK ABOUT THIS PROPERTY

Roxanna GrossRE/MAXMore Info
281-748-9071

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

Roxanna GrossRE/MAXMore Info
281-748-9071

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