26032 Hardin Store Rd Magnolia, TX 77354
This exceptional 3,500 square foot commercial space, located at 65-67 Watervliet Avenue in Albany County, presents a unique opportunity for a variety of businesses. Situated at the highly visible three-way intersection of Livingston Avenue, Watervliet Avenue, and 3rd Street, this property boasts significant street frontage and exposure. The building, constructed in 1930, is a three-story structure totaling 8,424 square feet, with the available space occupying a significant portion of the ground floor. The space features floor-to-ceiling glass bay windows, providing abundant natural light and showcasing the interior to passersby. The open layout is ideal for retail use, with a street-level entry and a separate entry to a large open area suitable for gatherings or events. A sizable backroom offers versatile space for a conference room, meeting area, or multi-person office. Convenient amenities include a kitchen, men's and women's restrooms, and basement storage. The property is zoned MU-NC and is within 300 feet of the Honest Weight Food Co-op, ensuring high foot traffic and visibility. Previously used as a church, this adaptable space is perfect for a variety of retail or office tenants seeking a prominent location in a vibrant area. Ceiling height is 9 feet.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.