5229 Griggs Rd Houston, TX 77021

This exceptional Houston commercial property at 5229 Griggs Rd, located in Harris County, Texas, 77021, presents a unique investment opportunity. The 2-acre lot encompasses a substantial 27,797 square foot building, offering a blend of retail and industrial space. The property includes a thriving 13,182 square foot discount store, complete with existing inventory and business operations, which are included in the sale price of $1,899,999. An additional 14,615 square foot warehouse provides ample storage or expansion potential. The price per square foot is $68.35. This prime location benefits from high visibility due to its proximity to the intersection of Griggs Rd and MLK Blvd, offering excellent access and exposure. Furthermore, the property enjoys a strategic position near the Texas Medical Center and the University of Houston, ensuring a strong and diverse customer base. The existing infrastructure provides immediate income generation potential, while the expansive lot size allows for future development or expansion opportunities. This versatile property is ideal for investors seeking a blend of immediate return and long-term growth potential in a thriving Houston market. The property's size and location make it a rare find in this competitive market.