16516 Market St, Channelview, TX 77530-4432

This exceptional investment opportunity presents a 7,778 square foot mixed-use property situated on a 2-acre lot in Channelview, Texas, just 20 minutes east of Downtown Houston. The property, located at 16516 Market St, zip code 77530, consists of two single-story buildings constructed in 1958. Currently configured as a bar, convenience store, and storefront, this value-add property offers significant potential for redevelopment or repurposing. The asking price is $1,088,000, translating to $139.88 per square foot. Its strategic location near the Houston Ship Channel presents a compelling opportunity for developers seeking to capitalize on the area's burgeoning commercial growth. The property's versatility allows for a wide range of development possibilities, including the construction of a warehouse or flexible commercial space. This prime real estate presents a rare chance to acquire a substantial land parcel in a high-growth area with excellent access to major transportation routes. The property is located in Harris County and offers significant upside for investors seeking a value-add opportunity in a dynamic market. This is a unique chance to secure a piece of prime Houston-area real estate with considerable potential for future appreciation.