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    3621 Canal St Houston, TX 77003

    For Sale
    $599,000

    Corner commercial property in East Downtown (EaDo) for renovation/redevelopment.

    Property Features for 3621 Canal St

    General Information

    Standard status
    Active

    Source: VIVE REALTY LLC Agent WILLIAM PUENTES

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    EaDo Corner Commercial Property/Lot

    This is an opportunity to acquire a corner commercial property/lot located in the heart of East Downtown (EaDo). Previously operated as a restaurant, the property is now in distressed condition and is best suited for a full renovation or complete redevelopment. This offering includes two contiguous parcels totaling 10,810 square feet of land, positioned on a high-visibility corner lot with ample on-site parking. Surrounded by new residential and commercial developments, the property is located just minutes from Downtown Houston, major freeways, and METRORail lines. The land's prime location and the continued expansion of EaDo make this an ideal investment for developers, restaurateurs, or business owners seeking to establish a footprint in one of Houston’s most dynamic and rapidly transforming neighborhoods.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Casket ShowCase Manufacturer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Aramark, Cater You, d’lish catering, GRIZZAFFI COFFEE Catering, Grisbys Gras

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.3357456
    Latitude
    29.7515375

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    FAQs

    What type of property is this?
    Restaurant - Corner commercial property in East Downtown (EaDo) for renovation/redevelopment.
    Where is this restaurant located?
    The property is located at 3621 Canal St Houston, TX.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Prime corner lot location in the heart of East Downtown (EaDo).; - Two contiguous parcels totaling 10,810 square feet of land.; - Ample on-site parking.
    Request Owner's contact information
    3621 Canal St Houston, TX 77003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3621 Canal St Houston, TX 77003
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