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2215 Washington Ave Houston, TX 77007

OFF-MARKET Retail properties & Spaces Google Maps
5,456 SF 10975 ac lot Built 1936
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 5,456 square foot, two-story free-standing building presents a unique opportunity for creative office or coworking space. Built in 1936, the property boasts significant curb appeal and high visibility on Washington Avenue, with 100 feet of frontage. The building sits on a substantial 10,975 square foot lot, providing ample parking for tenants and visitors. Its versatile layout is ideal for a variety of uses, including retail, gallery, boutique, showroom, or even redevelopment. The property offers potential egress onto both Washington and Union Streets, enhancing accessibility and flexibility. Located minutes from thriving areas like Sawyer Yards, The Astorian, and Post Houston, this property benefits from its proximity to new developments and a vibrant urban environment. The lease rate is exclusive of utilities, property expenses, and building services. This is a rare chance to secure a prominent location in a rapidly developing area. The multiple tenancy option allows for flexibility in leasing arrangements.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1936
Total area 5,456 SF
Lot 10975 ac (478,071,000 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Roofing Company General Contractor

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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