1603 Shaver St Pasadena, TX 77502

Property Details for 1603 Shaver St

Year built

1971

Property size

12,130 SF

Property type

Warehouses

Property subtype

Industrial properties

Description

This exceptional 12,130-square-foot industrial property in Pasadena, Texas, presents a prime investment opportunity. Situated on a 1.6-acre lot at 1603 Shaver St, 77502, this single-story building boasts 300 feet of frontage on Shaver Street and 190 feet on East Houston Avenue—a highly trafficked location near I-45 South and State Highway 225. Built in 1971 and renovated in 2006, the property features two buildings totaling 12,130 square feet of net rentable space, five dock-high doors, and an 18-foot ceiling height. The property is located in Flood Zone X. This versatile flex space, suitable for manufacturing and warehouse uses, offers significant potential for various businesses. An adjacent 32,200-square-foot lot is available for separate purchase. The asking price is $1,400,000. Owner financing is available for both the real estate and the existing business, which has operated successfully for over 45 years, offering complete commercial fleet services (including collision repair, antique restoration, custom fabrication, and more). For an additional $400,000, the buyer can acquire the established business, including licenses, contracts, fixtures, supplies, and more. This is a rare opportunity to acquire a well-located, established business and property with significant upside potential.