4611 Kelley St - Storefront Retail/Office FOR SALE


Houston, TX 77026
$265,000 USD
713-523-7402
4611 Kelley St, Houston, TX for Sale
$265,000 USD
Storefront Retail/Office - FOR SALE
1/12
null | Request Cap Rate

4611 Kelley St
Houston, TX 77026


OVERVIEW

Open to offers! Explore the prime opportunity offered by this 1,138 square feet retail storefront in Houston, Texas, situated in the Near Northeast Submarket. Conveniently accessible from 610, I10, and I 69, this stand-alone building boasts a unique aesthetic, ensuring easy patron access from the local neighborhood. Ideal for retail, office, medical, or pharmacy purposes, the space holds special appeal for day care facilities, making it eligible for community-assisting programs in child care. The strategic location just off the 610 loop not only enhances visibility but also provides a gateway to a thriving community. The property offers enticing lease rates, creating a win-win scenario for both potential lessees and the landlord. Beyond the immediate advantages, the site falls within an Opportunity Zone, unlocking a range of benefits for savvy investors. The Opportunity Zone perks include a Temporary Deferral, allowing a postponement of inclusion in taxable income for capital gains reinvested into an Opportunity Fund. This deferral, however, comes with the condition that the gain must be recognized either upon the disposal of the opportunity zone investment or by December 31, 2026. Furthermore, investors can benefit from a Step-Up In Basis, experiencing a 10% increase if the investment in the Opportunity Fund is held for a minimum of 5 years. An additional 5% increment is granted if the investment is held for at least 7 years. This step-up results in the exclusion of up to 15% of the original gain from taxation. The icing on the cake is the Permanent Exclusion, offering a lasting escape from taxable income on capital gains arising from the sale or exchange of an investment in an Opportunity Fund. This permanent exclusion is applicable only if the investment is held for a solid 10 years, providing an attractive prospect for those with a long-term investment horizon. In summary, this retail storefront not only presents an excellent business space in a high-traffic area but also opens doors to significant financial advantages through its alignment with Opportunity Zone benefits. Don't miss the chance to be part of a flourishing community while enjoying favorable terms for your business or investment.

FOR SALE DETAILS

PRICE

$265,000 USD

PRICE/SF

$233 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

-

APN/PARCEL ID

0651280570314

ASK ABOUT THIS PROPERTY

Gerald WomackWomack Development & InvestmentMore Info
713-523-7402

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Gerald WomackWomack Development & InvestmentMore Info
713-523-7402

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