404 Westheimer Rd Houston, TX 77006
This exceptional investment opportunity presents a portfolio of two buildings totaling 5,187 square feet, situated at the iconic intersection of Westheimer and Taft in Houston's vibrant Montrose district. The property boasts a high-profile location at the renowned rainbow crosswalk, ensuring excellent visibility and high foot traffic. Built in 1925, this Class B property features two stories in each building, offering a mix of commercial and residential spaces. One building currently houses a successful bicycle shop on the ground floor, while the other was most recently a chiropractic clinic. Both buildings offer adaptable second-floor space suitable for offices, storage, or residential living, presenting dual income potential. The portfolio includes seven parking spaces and is offered at 100% ownership with a gross lease type. Currently, the occupancy is 50%. This unique offering is ideal for investors seeking diversified income streams or owner-operators desiring live-work capabilities. The property benefits from convenient access to major thoroughfares and public transportation, surrounded by a wealth of dining, shopping, and cultural attractions. Recent renovations enhance the curb appeal and functionality of both buildings. This is a rare chance to acquire a piece of Houston's coveted Montrose district.
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Animal Chiropractor-Avca Alternative Medicine Practice
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DocJackie Alternative Medicine Practice
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Jacqueline A. Doval, MS Alternative Medicine Practice
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Houston Bicycle Co (Bike/Boat/Book/etc) Store
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
Similar Nearby for Lease
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.