415 Gordon St Alvin, TX 77511-2431
This exceptional 5,466 square foot creative office space, located in downtown Alvin, Texas, presents a unique investment opportunity. Built in 1974, this single-story, Class C building sits on a 0.37-acre lot and is currently 100% occupied. The property features abundant natural light, dedicated parking, and a strong community presence, having previously operated as a successful art studio. The versatile layout is ideal for a variety of uses, including art studios, galleries, retail spaces, or offices. Its prime downtown location offers excellent visibility and accessibility, attracting foot traffic and building a loyal customer base. The asking price is $550,000, translating to $100.62 per square foot. The property is zoned for commercial use and is offered as a full ownership opportunity with a Net Net Net (NNN) lease type. This single-unit building offers a blend of historic charm and modern functionality, making it an attractive investment in a growing Texas community. The property's established presence within the community provides a significant advantage for future business ventures. This is a rare opportunity to acquire a well-positioned commercial property in a thriving downtown area.
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Gander Studio Art Studio School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
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.