1811 Washington Ave, Houston, TX 77007
This exceptional mixed-use property at 1811 Washington Ave in Houston, Texas, presents a unique investment opportunity. The asking price is $717,799 for a total of 2,743 square feet, resulting in a price per square foot of $261.68. The property comprises two buildings situated on a 5,711 square foot lot. The front building, a beautifully remodeled two-story structure completed in 2022, offers a modern and appealing space with approximately 56 feet of street frontage. The property's versatility allows for a wide range of uses, including office space, residential use, short-term rentals (like Airbnb), restaurants, or nightlife entertainment. Its location in a vibrant area with numerous existing restaurants, nightlife venues, and other commercial establishments provides significant potential. Convenient covered garage parking for 4-6 vehicles is also included. This property is ideally suited for entrepreneurs seeking a high-visibility location in a bustling Houston neighborhood. Owner financing options are available. The property is located in Harris County, Texas, zip code 77007.
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American Property Buyers / American Property Realty Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.