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Mixed-Use Property with Multiple Units
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2901 Telephone Road, Houston, TX 77023

Mixed-use property featuring commercial and residential spaces for sale.

Property Size7,400 SF
Price / SF$106.62
Days on Market77

Property Features for 2901 Telephone Road

General Information

Standard status Active
Size 7,400 SF
Property subtype Retail, Multifamily, Mixed Use

Building Details

Year Built 1932
Listing Agency: RA Brokers
Listed By: Sandra McCunis · License #0205102
Source: Crexi
Added: May 21 Changed: Jul 10 Last Checked: Aug 5 at 2:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RA Brokers

Investment Insights

Based on property information with market context.

The property at 2901 Telephone Road includes a building with two commercial rental spaces. Unit A offers approximately 650 square feet, while Unit B provides approximately 950 square feet. A freestanding building at 2903 Telephone Rd. encompasses approximately 2,150 square feet. The residential building at 2317 Wilshire St. contains two lease spaces: an upstairs unit with approximately 1,600 square feet and a downstairs unit with approximately 950 square feet. Additionally, there is a garage apartment with approximately 760 square feet. The total property size is 7,400 square feet.

Key Highlights

  • Multiple rental spaces across several buildings offer diverse income streams.
  • Commercial spaces available at 2901 Telephone Rd. (650 sq ft & 950 sq ft).
  • Freestanding commercial building at 2903 Telephone Rd. offering 2,150 sq ft.

Property Analytics

Current Use

Garza, Alfonso, & Associates Corporate Office Ly's Beauty Salon Hair Salon Th3 Print Shop (Bike/Boat/Book/etc) Store Allied Investigative Services Law Firm

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Skin Care Clinic Daycare Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

922
Businesses Nearby

Demographics for 77023, TX

26,780
Population
11,850
Households
2.3
Avg Household Size
36
Median Age
24%
College-Educated
75%
High-School Grad
5.5 sq mi
ZIP Area
4,869
Density / Sq Mi
$50,018
Median Household Income
$35,730
Median Earnings
$1,079
Median Rent
$279,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property featuring commercial and residential spaces for sale.
Where is this mixed-use property located?
The property is located at 2901 Telephone Road Houston, TX.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Multiple rental spaces across several buildings offer diverse income streams.; Commercial spaces available at 2901 Telephone Rd. (650 sq ft & 950 sq ft).; Freestanding commercial building at 2903 Telephone Rd. offering 2,150 sq ft.
More about this property
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