502-514 6th St N - Storefront Retail/Office FOR SALE


Texas City, TX 77590
$2,000,000 USD
832-858-1095
502-514 6th St N, Texas City, TX for Sale
$2,000,000 USD
Storefront Retail/Office - FOR SALE
1/59
null | Request Cap Rate

502-514 6th St N
Texas City, TX 77590


HIGHLIGHTS

  • 502-514 6th Street N is a flexible, two-story retail and office property with a new roof and 3-phase power supply.
  • Conveniently located off TX-197 Loop, offering high visibility and easy access to I-45.
  • Upside potential exists through leasing the remaining spaces to capture growing market rents.
  • Texas City is known as one of the country's largest petrochemical refinery and manufacturing hubs.

OVERVIEW

502/ 508/ 510/ 514 6th Street North, Texas City 77590 is a two-story, 43000 square foot 1950’s style shopping center located on 6th Street, Texas City's revitalized historic downtown. This building is in the best part of 6th Street, home to new bars, restaurants, and upscale shops. The property is adjacent to the Showboat, a City-owned entertainment and festival venue. There is sufficient free street and lot parking adjacent. There are currently four subdivided, firewalled venues available. Each of them could be further subdivided. The buildings have all been completely structurally restored, with brand new windstorm- rated, TWIA approved, TPO, insulated roofs. The buildings are structurally sound “gray shells” and are ready for interior build-out and occupancy. They all have new or restored storefronts. There are water, sewer and gas rough connections, but no interior partitioning or other gas, water or sewer interior runs or connections. Interiors are clean and pressure washed. All walls are masonry cinder block; all floors are very smooth concrete with no cracks which could be sealed and finished and there are tall ceilings with steel web joists on 4 foot centers. There is new steel roof decking throughout

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Value-Add Urban Mixed-Use | Houston MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

5th Ave N

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

District E

APN/PARCEL ID

7030-0144-0001-000

ASK ABOUT THIS PROPERTY

Scott ArnoldArnold InterestsMore Info
832-858-1095

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Scott ArnoldArnold InterestsMore Info
832-858-1095

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