Current Use by Public Records
- Land
Property Details for 2601 Canal St
- Lot size
- 0.22 lot acres
- Property type
- Land
Description
This exceptional 0.22-acre commercial and residential land parcel, located at 2601 & 2603 Canal Street in Houston, Texas (77003), presents a unique investment opportunity. Priced at $850,000, or $80 per square foot, this 10,000 square foot lot boasts a prime location in the East Downtown (EDO) Management District, a rapidly developing area just east of the Central Business District (CBD). The property enjoys a highly visible corner location, with curb cuts on Canal Street, offering excellent accessibility and exposure. Its proximity to renowned establishments like Ninfa's on Navigation further enhances its desirability. The area is experiencing significant growth, characterized by a vibrant mix of restaurants, bars, banks, apartments, townhomes, warehouses, shared office spaces, retail outlets, live music venues, and breweries, making it an attractive location for various commercial ventures. The land is currently clear of improvements, providing a blank canvas for development. This property offers significant potential for investors seeking to capitalize on Houston's thriving EDO neighborhood. The lot features approximately 100 feet of frontage on both Canal and Live Oak Streets. Harris County records indicate a total land area of 10,000 square feet.
Value Estimations
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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
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.344
- Latitude
- 29.7565
