2401 Sunset Blvd - Office/Residential FOR SALE


Houston, TX 77005- University Place
$1,985,000 USD
713-299-7800
2401 Sunset Blvd, Houston, TX for Sale
$1,985,000 USD
Office/Residential - FOR SALE
1/10
null | Request Cap Rate

2401 Sunset Blvd
Houston, TX 77005
University Place


HIGHLIGHTS

  • Properties offered are 2401 Sunset and 2403 Sunset. Buildings will not be sold separately.
  • Strong history of high-end tenants.
  • Blocks from Rice Village. Easy access to US 59/69.

OVERVIEW

PRIME CORNER NEAR RICE VILLAGE. These two eye-catching, architecturally unique buildings are located at the corner of Sunset Blvd. and Morningside just blocks from Rice Village. Both buildings were completely refurbished in 2014/2015, indcluding new TPO roofs, new high efficiency windows, updated electrical and CAT 5, extensive plumbing replacement and recent A/C units. Maintenance costs are minimal due to the recent renovations. Buildings are separately metered, and trash/recycling is on the city system. Building #1 (2401 Sunset) offers multi-suite format with six office suites, public restrooms, a kitchen and 2nd floor community space. The 3rd floor unit has its own en-suite bathroom and covered terrace, which could easily be converted to an additional office space. Building #2 (2403 Sunset) is a 3-story stand alone building with a recently remodeled full kitchen, a 1st floor garden area and a 3rd floor outdoor patio. Additional private access to Building #2 through the third floor exterior staircase. Building #1 has four tenants and two current vacancies. Tenant in Building #2 has a modified gross lease ending in 2026. Parking is available in the private lot behind Building #1 and includes seven spaces.

FOR SALE DETAILS

PRICE

$1,985,000 USD

PRICE/SF

$644 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

2401/2403 Sunset Properties

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

None

APN/PARCEL ID

0622160070010,0622160070021

ASK ABOUT THIS PROPERTY

Erin StusRealm Real Estate ProfessionalsMore Info
713-299-7800

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Erin StusRealm Real Estate ProfessionalsMore Info
713-299-7800

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