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    2420 Washington Ave Houston, TX 77007

    For Sale
    Contact for pricing

    Prime Houston Retail, 5607 SF, Owner/User

    Property size:
    5,608 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 5,607 square foot retail building, constructed in 1957 and extensively renovated in 2021, presents a unique investment opportunity in Houston's vibrant Washington Avenue corridor. Situated on a 0.23-acre lot, the single-story building features two units: a 2,953 square foot space previously used as a medical spa and a 2,655 square foot space previously used as a showroom. Both units are available for lease or purchase, making this property ideal for an owner-user seeking a high-visibility location or an investor looking for strong rental income potential. The property boasts prime frontage on Washington Avenue, offering excellent visibility and accessibility. Its strategic location provides easy access to Interstate 10 and the 610 Loop, placing it within convenient reach of Houston's central business district and a diverse customer base. The building's recent renovation ensures modern amenities and functionality, while its established location offers immediate access to a thriving commercial area. This is a rare opportunity to acquire a well-maintained, high-traffic retail property in a highly desirable Houston location.

    Property Features for 2420 Washington Ave

    General Information

    Property type
    Retail properties
    Square Feet
    5,608 SF

    Building Details

    Year Built/Renovated
    1957/2021
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • 5,607 SF retail building on a 0.23‑acre lot in Houston's Washington Avenue corridor.
    • Extensive 2021 renovation.
    • Two units: 2,953 SF & 2,655 SF, available for lease or sale.
    • Prime Washington Avenue frontage with excellent visibility and accessibility.
    • Convenient access to I‑10 and Loop 610, near Houston's CBD.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The S Davis Law ... Law Firm Texas Real Estate ... Real Estate Agency Paisley House Furniture Store Luis Garza Real Estate Agent Fabulous Financial Services Corporate Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.383554055622
    Latitude
    29.768278454918

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    FAQs

    What type of property is this?
    Retail property - Prime Houston Retail, 5607 SF, Owner/User
    Where is this retail property located?
    The property is located at 2420 Washington Ave Houston, TX.
    What are key features of this property?
    This property features: 5,607 SF retail building on a 0.23-acre lot in Houston's Washington Avenue corridor.; Extensive 2021 renovation.; Two units: 2,953 SF & 2,655 SF, available for lease or sale.
    (713) 541-0066
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    2420 Washington Ave Houston, TX 77007
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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
    2420 Washington Ave Houston, TX 77007
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