308 John A Butler St Montgomery, TX 77356
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Lifestyle centers
Property Details for 308 John A Butler St
- Year built
- 1975
- Lot size
- 1.24 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a 14,490 to 14,890 square foot retail shopping center situated on 1.24 acres in Montgomery, Texas' historic downtown district. The property comprises ten buildings housing thirteen individual retail/commercial spaces, offering a diverse mix of tenants providing services, food, and retail goods. Built between 1945 and 2019, this Class C property boasts high visibility from two major thoroughfares, Highway 105 and FM 149, ensuring significant traffic exposure. Located in the heart of Montgomery, it benefits from proximity to Conroe, The Woodlands, Houston, Huntsville, and Bryan/College Station, capitalizing on the rapid growth of Montgomery County, one of the nation's fastest-growing areas. The property's central location also places it minutes from Lake Conroe, a major driver of local economic development. The convenient access to major roadways allows for an approximately one-hour commute to downtown Houston. City sewer and water services are available. With ample room for expansion, this 13-unit shopping center presents a rare chance to acquire an entire city block in a thriving Texas market. The asking price is $1,800,000. This property offers significant potential for future growth and strong rental income.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Texas
- Longitude
- -95.6957
- Latitude
- 30.3893
