210 4Th St, Houston, TX 77007

This exceptional investment property, located at 210 E 4th St in Houston, Texas, presents a compelling opportunity. The 3,195 square foot, Class B office building, constructed in 1920, sits on a 0.09-acre lot and boasts a desirable Greater Heights location with convenient access to I-10. Currently occupied by a single tenant under a gross lease, the property offers a 100% occupancy rate and a strong net operating income (NOI) of $36,529, resulting in a 3.85% cap rate. The asking price is $950,000, translating to a price per square foot of $297.34. The current lease, initiated on July 10, 2020, and expiring July 9, 2024, includes three one-year renewal options with a 3% annual rent increase. The building features multiple offices, 3.5 bathrooms, a large kitchen with granite countertops, a media room, a two-car garage with high ceilings, a workshop, a back patio, a small green space, and parking for ten or more cars. The property is fully fenced. This architecturally unique building offers a flexible floor plan and a proven track record of long-term tenancy, making it an attractive investment for discerning buyers. The property's features, combined with its prime location and strong financial performance, make it an ideal addition to any investment portfolio. The Harris County APN is 0210430000024.