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    6213 Richmond Ave Houston, TX 77057

    Sponsored
    For Sale
    Contact for pricing

    12,695 SF Bar, High Visibility

    Property size:
    12,695 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,695-square-foot bar is ideally situated in Houston's prestigious Galleria/Uptown area, a vibrant hub of commerce and entertainment. The property boasts a highly visible location with pylon signage, ensuring maximum exposure to the substantial foot traffic and vehicular flow. This single-tenant retail space is part of a two-story building on a 0.85-acre lot, surrounded by a diverse mix of retailers, restaurants, hotels, and office buildings. Uptown Houston is a renowned business district, home to approximately 2,000 companies and 200,000 employees, making it a prime location for a thriving bar business. The area's extensive retail sector, featuring over 5 million square feet of retail space and 1,000+ stores, including the fourth largest retail complex in the United States (The Galleria), draws over 24 million visitors annually. Furthermore, Uptown's concentration of 31 hotels and over 100 restaurants solidifies its position as a premier dining and entertainment destination in Houston. This property offers a unique opportunity to capitalize on the high density of businesses, residents, and tourists in this thriving urban center. The location's strong demographics and high visibility make it an attractive investment for a bar or similar establishment seeking a prominent presence in one of the nation's leading business districts.

    Property Features for 6213 Richmond Ave

    General Information

    Property type
    Restaurants
    Square Feet
    12,695 SF
    Lot Size
    37,026 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Uptown Houston offers a prestigious blend of business and residential uses, with exceptional shopping, dining, and entertainment options.
    • Uptown Houston comprises 23.1 million square feet of Class A office space, ranking as the 14th largest business district nationally.
    • The district is home to approximately 2,000 companies.
    • Uptown Houston is a leading retail destination.
    • Over 200,000 employees work in Uptown Houston.
    • Uptown Houston boasts over 100 restaurants, establishing it as Houston's premier dining and entertainment hub.
    Property Profile Location Intelligence

    Current Use by Public Records

    KARMA HOUSTON 6213 Night Club Houston Group General Practice Attorney Draise Houston Strip ... Night Club The castle lounge Restaurant Bunny's Gentlemen's Club Adult Entertainment Club

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4899476
    Latitude
    29.7312863

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    FAQs

    What type of property is this?
    Restaurant - 12,695 SF Bar, High Visibility
    Where is this restaurant located?
    The property is located at 6213 Richmond Ave Houston, TX.
    What are key features of this property?
    This property features: Uptown Houston offers a prestigious blend of business and residential uses, with exceptional shopping, dining, and entertainment options.; Uptown Houston comprises 23.1 million square feet of Class A office space, ranking as the 14th largest business district nationally.; The district is home to approximately 2,000 companies.
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    6213 Richmond Ave Houston, TX 77057
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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
    6213 Richmond Ave Houston, TX 77057
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