304 S Lockwood Dr - Storefront Retail/Office FOR SALE


Houston, TX 77011
$425,000 USD
713-392-1223
304 S Lockwood Dr, Houston, TX for Sale
$425,000 USD
Storefront Retail/Office - FOR SALE
1/22
null | 6.5% Cap Rate

304 S Lockwood Dr
Houston, TX 77011


HIGHLIGHTS

  • High traffic count and near a Metro Light Rail stop.
  • Perfect Retail/ Office for attorney, doctor or dentist.
  • Updated/ Renovated 2021
  • Value Add Opportunity
  • Priced Below Tax Value (appraisal district value $430,748)

OVERVIEW

DO NOT DISTURB TENANTS. Retail/ Office - Currently occupied in SUITE A (+/-900SF) CBD Store, and SUITE B (+/-1,100sf) Barbershop. Cash-Flowing Commercial Investment Opportunity in rapidly developing East End for sale below Tax Appraisal Value. Office/ Retail/ Art Studio Duplex. +/- 2,000sf building with Suite A is CBD Store and Suite B is Barbershop. Open your Business here as Owner/ Occupant. Perfect for Law Office, Optometry , Chiropractor Clinic, Physical Therapy Clinic, Art Studio/ Gallery, Therapy, Counseling, Dry Cleaner, Laundromat, To Go Deli, light retail, small cafe / bakery / sandwich shop, Store front. Value Add opportunity with improvements. Buyer to verify all dimensions. DO NOT DISTURB TENANTS.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$224 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

None

APN/PARCEL ID

0280100000007

ASK ABOUT THIS PROPERTY

Daniel FeigelsonNewForm Real EstateMore Info
713-392-1223

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Daniel FeigelsonNewForm Real EstateMore Info
713-392-1223

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