Property summary
This exceptional 2,012 square foot single-tenant office building, located at 117 Magnolia Blvd in historic Magnolia, Texas, presents a unique investment opportunity. Built in 1964, the property sits on a generous 6,900 square foot lot and is ideally suited for a variety of office uses. Its versatile design accommodates traditional office layouts, coworking spaces, executive suites, or creative office environments. The property's classification includes retail, office, and restaurant uses, offering flexibility for future adaptations. Situated on the Magnolia Stroll, this location benefits from high visibility and easy access. The building's single-tenant occupancy provides a streamlined management experience. The property is located in Montgomery County, Texas, with a zip code of 77355. This prime location offers a blend of historical charm and modern convenience, making it an attractive option for businesses seeking a unique and established presence in the thriving Magnolia community. The property's size and location make it an ideal choice for a variety of businesses looking to establish a strong foothold in this desirable area. The building's age presents an opportunity for renovation or modernization to further enhance its appeal and functionality. The ample lot size offers potential for expansion or additional development. This is a rare opportunity to acquire a well-located, versatile commercial property in a rapidly growing Texas town.
Property profile
VerifiedCap rate & NOI
Current use
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Cafe & Coffee Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
2 · Magnolia, TXZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 2 in Magnolia, TX.
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Find the owner behind the property.
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