7645-7661 Park Place Blvd - Restaurant FOR SALE


Houston, TX 77087- Golfcrest
$1,300,000 USD
832-503-8786
7645-7661 Park Place Blvd, Houston, TX for Sale
$1,300,000 USD
Restaurant - FOR SALE
1/28
null | 10.15% Cap Rate

7645-7661 Park Place Blvd
Houston, TX 77087
Golfcrest


OVERVIEW

Discover a remarkable commercial property at 7645-7661 Park Place Blvd, Houston, TX 77087, offering a blend of stability and potential. This 8,791-square-foot building, constructed in 1950, sits on a 0.67-acre lot and is zoned for commercial use. CITYFEET Property Highlights: Size & Structure: The property encompasses 8,791 square feet, providing ample space for various business operations. CITYFEET Established Tenancy: Currently, six diverse tenants occupy the building under long-term leases, ensuring a steady income stream for investors. LOG IN OR SIGN UP TO VIEW Strategic Location: Situated in Houston's vibrant 77087 area, the property benefits from high visibility and accessibility, ideal for retail and service-oriented businesses.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

10.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

Commercial

APN/PARCEL ID

0551270000001,0551270000002,0551270000003

ASK ABOUT THIS PROPERTY

Farzin MerchFarzin MerchMore Info
832-503-8786

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Farzin MerchFarzin MerchMore Info
832-503-8786

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