848 Heights Blvd - Office/Residential FOR SALE


Houston, TX 77007- Greater Heights
$2,595,000 USD
713-452-4358
848 Heights Blvd, Houston, TX for Sale
$2,595,000 USD
Office/Residential - FOR SALE
1/15
null | Request Cap Rate

848 Heights Blvd
Houston, TX 77007
Greater Heights


HIGHLIGHTS

  • Historic Landmark Permitted for Commercial or Residential use
  • ±6,320 square-foot Office Building on ±7,500 square-foot Corner Lot in Prime Heights Location
  • Significant Premium Upgrades completed in 2017, including Full Chef’s Kitchen
  • Certificate of Occupancy and Commercial Signage Permits in place
  • 12 On-site Parking Spaces + 3-car Garage + easy additional Street Parking
  • Two (2) Stories + Basement

OVERVIEW

Marcus & Millichap, as the exclusive representative, is pleased to offer for sale 848 Heights Blvd., Houston, Texas 77007 as an opportunity for an owner-occupier or investor. This ±6,320 square-foot historic property, built in 1923 and located on a prime corner lot in the Heights, underwent a high-end renovation in 2017 and is permitted for Commercial or Residential use. On the second floor, you'll find three (3) large office rooms, three (3) restrooms, and additional workspaces. The property includes a linked garage apartment with a large open room, kitchen area, two (2) offices, and a balcony. Additional features include a 3-car garage, and a large basement with a wine cellar. Houston Heights has experienced significant gentrification, resulting in a high median household income of approximately $151,252. The neighborhood is known for its unique blend of historic charm, modern amenities, and walkability, offering a high quality of work-life balance with its parks, restaurants, and cultural attractions. The Heights boasts strong property appreciation rates and a thriving business environment with a mix of boutique offices, retail hubs, and co-working spaces attracting small businesses and professionals. This vibrant business community is supported by organizations such as the Houston Heights Association and the Greater Heights Area Chamber of Commerce. Centrally located, the property provides easy access to downtown Houston in around 15 minutes. Memorial Park is only four (4) miles away, with the Museum District six (6) miles, the Medical Center seven (7) miles, and The Galleria eight (8) miles away. Notable medical facilities in the area include Memorial Hermann Greater Heights Hospital, Harris Health Northwest Health Center, HCA Houston ER 24/7, and PAM Health Rehabilitation Hospital of Houston Heights. The Heights Boulevard Trail runs along Heights Boulevard and features a leafy, scenic esplanade with art installations and green spaces. The Heights Hike and Bike Trail is an 8.7-mile paved greenway, popular for road biking, running, and walking, connecting to the White Oak Bayou Trail. Nearby parks include Donovan Park, Heights Boulevard Park, Marmion Park, Milroy Park, Stude Park, and White Oak Bayou Greenway.

FOR SALE DETAILS

PRICE

$2,595,000 USD

PRICE/SF

$411 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

-

APN/PARCEL ID

0202430000024

ASK ABOUT THIS PROPERTY

Justin ComberMarcus & MillichapMore Info
713-452-4358

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Justin ComberMarcus & MillichapMore Info
713-452-4358

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