3221 Fannin St - Medical FOR SALE


Houston, TX 77004
$1,000,000 USD
832-725-2294
3221 Fannin St, Houston, TX for Sale
$1,000,000 USD
Medical - FOR SALE
1/24
null | Request Cap Rate

3221 Fannin St
Houston, TX 77004


HIGHLIGHTS

  • On Busy street of Fannin
  • Corner Lot
  • Great for Restaurant, Optometry , Specialized Dentistry, or Medical office
  • High appreciation with current on-going construction projects

OVERVIEW

Prime Commercial Property with Owner Financing Available This versatile 2-story building, located on a highly visible corner lot at Fannin Street, offers 5,040 square feet of total space on a 5,000-square-foot lot. With its prime location near downtown and newly constructed high-rise apartments, this property presents an excellent investment opportunity. Ideal for various uses, including a restaurant conversion, medical office, optometry clinic, or specialized dentistry practice, the building also features a second floor that can be utilized as a living space. The area is seeing substantial growth and development, ensuring strong potential for appreciation as nearby construction continues. Don't miss out on this opportunity to secure a high-traffic location with flexible owner financing options. Whether you're expanding your business or looking for a high-potential investment, this property offers endless possibilities. OWNER FINANCING 4.75% with 30% DOWN 5-Year Balloon Available parking: 7 spaces. 2 front (street parking) 3 sides (street parking, after construction completion) 2 back (on-property parking) Retail parking lot across Fannin St.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Owner Financing Available

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Bar, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

commercial

APN/PARCEL ID

0191930000006

ASK ABOUT THIS PROPERTY

Aimee NamakarnRockspringMore Info
832-725-2294

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Aimee NamakarnRockspringMore Info
832-725-2294

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