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    2617 Canal St Houston, TX 77003

    For Lease
    $28 SF/Yr ($5,481 /Mo)

    Prime Eado location, 1,040 sq ft available

    Lot size:
    2,284 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional two-story, Class B office building, totaling 2,284 square feet, presents a unique investment opportunity in Lubbock Grove's vibrant EAST END REVITALIZED submarket. Built in 1940 and extensively renovated in 2019, the property boasts a desirable blend of traditional office space and coworking potential. Currently, 1,040 square feet of space is available for lease across multiple suites within the three-suite building. The 0.114-acre lot (5,000 square feet) offers a building floor area ratio (FAR) of 0.46. The building's central location provides easy access to the courthouse, central business district (CBD), and multiple freeways, making it highly convenient for any business. Enjoy the proximity to restaurants, sporting events, and other amenities. While the building features only two parking spaces, its prime location minimizes the need for extensive on-site parking. Note that there are no elevators in this building. The property's APN is 023-101-000-0009. This is an excellent chance to acquire a well-maintained, centrally located office building in a rapidly developing area.

    Property Features for 2617 Canal St

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,284 SF
    Class
    B
    Total Rate
    5481.6

    Building Details

    Year Built/Renovated
    1940/2019
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    1,040 SF
    Rate per SF
    $28

    HighLights

    • Prime East End location near Downtown, Astros, and Dynamo games.
    • 2,284 square foot, two‑story Class B office building.
    • Three suites total, with 1,040 square feet currently vacant.
    • Built in 1940, renovated in 2019.
    • Features two parking spaces.
    • 0.114 acres (5,000 sq ft) lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vivant Store The Martinez Law Firm ... Criminal Justice Attorney Eastwood Realty Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.343866925052
    Latitude
    29.756251808083

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    FAQs

    What type of property is this?
    Coworking space - Prime Eado location, 1,040 sq ft available
    Where is this coworking space located?
    The property is located at 2617 Canal St Houston, TX.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Prime East End location near Downtown, Astros, and Dynamo games.; 2,284 square foot, two-story Class B office building.; Three suites total, with 1,040 square feet currently vacant.
    Request Owner's contact information
    2617 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
    2617 Canal St Houston, TX 77003
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