2302 Main St Waller, TX 77484
For Sale
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This exceptional 11,250 square foot multi-tenant storefront property at 2302 Main Street in Waller, Texas, presents a compelling investment opportunity. Located in downtown Waller, adjacent to city hall and the city park, this building boasts a prime location in a rapidly growing community. Constructed in 1935 and recently refurbished, the property currently enjoys 100% occupancy with three established tenants: a gym, a hair salon, and a gutter company. The landlord currently occupies 1,800 square feet on the north end of the building. Beyond the main building, the property includes nearly two full lots totaling 12,426 square feet, providing significant potential for future expansion or development. The strategic location offers easy access to major transportation arteries, including Highway 290, the Grand Parkway, FM 2920, and FM 362, ensuring convenient access to the greater Houston area. This property offers immediate cash flow for investors, while also providing space for a business owner to operate their own enterprise. The asking price is $2,475,000. The property's strong tenant base, prime location, and expansion potential make it an ideal investment in a thriving Texas market. The 77484 zip code further underscores the property's desirability.
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Bold Fitness Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.