2617 Canal St, Houston, TX 77003
This exceptional two-story, Class B office building, totaling 2,284 square feet, presents a unique investment opportunity in Lubbock Grove's vibrant EAST END REVITALIZED submarket. Built in 1940 and extensively renovated in 2019, the property boasts a desirable blend of traditional office space and coworking potential. Currently, 1,040 square feet of space is available for lease across multiple suites within the three-suite building. The 0.114-acre lot (5,000 square feet) offers a building floor area ratio (FAR) of 0.46. The building's central location provides easy access to the courthouse, central business district (CBD), and multiple freeways, making it highly convenient for any business. Enjoy the proximity to restaurants, sporting events, and other amenities. While the building features only two parking spaces, its prime location minimizes the need for extensive on-site parking. Note that there are no elevators in this building. The property's APN is 023-101-000-0009. This is an excellent chance to acquire a well-maintained, centrally located office building in a rapidly developing area.
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Vivant Department Store
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The Martinez Law Firm - Houston DWI Lawyer Law Firm
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Eastwood Realty Real Estate Agency
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.