2719 Richey St Houston, TX 77017-6824
This exceptional 11,382-square-foot retail property in Houston, TX, presents a prime investment opportunity. Situated on a 1.336-acre lot at 2719 S Richey St, 77017, this single-tenant building boasts 11,000 square feet of vacant space, ideal for a variety of uses, including grocery, restaurant, nail salon, mattress store, or butcher shop. Completely renovated in 2020, the property features a new HVAC system, new plumbing, a tankless water heater, grease trap, two restrooms, and a separate office. The space includes three walk-in cooler/freezer units with stainless steel interiors (approximately 9x16 feet and two 11x11 feet), and an additional room with a walk-in strip curtain door/cooler. A prominent pylon sign ensures high visibility. Conveniently located near major freeways and just 12 minutes from Hobby International Airport, this property benefits from exceptional accessibility and high traffic volume. Built in 1966, this one-story building offers significant potential for a savvy investor seeking a strong return. The property's extensive upgrades and prime location make it an attractive proposition for a variety of retail businesses.
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Vigo Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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