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    706 Magnolia St Beaumont, TX 77701

    Sponsored
    For Lease
    $36 SF/Yr

    Prime Beaumont Office Suites Available

    Lot size:
    7,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story, 7,200 square foot Class B office building, located at 706 Magnolia Street in downtown Beaumont, Texas, offers a diverse range of flexible workspace options. Built in 1932 and extensively renovated in 2023, the property boasts 17 suites, with a minimum divisible space of 300 square feet and a maximum contiguous space of 1,500 square feet. Currently, 2,500 square feet of space is available for lease. The building features a variety of office styles to suit various business needs, including executive, traditional, coworking, and creative office spaces. Tenants benefit from ample parking with 50 spaces available on-site. The building sits on a 0.62-acre lot and offers a desirable 10-foot ceiling height. Its central location in the East Houston submarket of Southeast Texas, within the 77701 zip code, provides excellent accessibility and visibility. This fully serviced property presents a unique opportunity for businesses seeking a blend of historic charm and modern amenities in a thriving downtown setting. The property is ideal for businesses seeking a variety of space options, from small startups to established companies. The recent renovation ensures modern functionality and efficiency.

    Property Features for 706 Magnolia St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,200 SF
    Class
    B
    Total Rate
    21600

    Building Details

    Year Built/Renovated
    1932/2023
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    1,000 SF
    Rate per SF
    $36

    HighLights

    • Newly renovated.
    • High‑end finishes throughout.
    • Modern, updated kitchen and bathrooms.
    • Energy‑efficient upgrades.
    • Move‑in ready condition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Jefferson
    State
    Texas
    Longitude
    -94.104271067233
    Latitude
    30.088305619667

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    FAQs

    What type of property is this?
    Office space - Prime Beaumont Office Suites Available
    Where is this office space located?
    The property is located at 706 Magnolia St Beaumont, TX.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: Newly renovated.; High-end finishes throughout.; Modern, updated kitchen and bathrooms.
    Request Owner's contact information
    706 Magnolia St Beaumont, TX 77701
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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
    706 Magnolia St Beaumont, TX 77701
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