For Sale
$1,750,000

404 Westheimer RdHouston, TX 77006

Two buildings, prime location, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
117
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.

Highlights

  • Two-building, 5,187 square foot commercial real estate portfolio for sale in Houston's Montrose District.
  • High-profile location at the iconic Westheimer and Taft intersection, featuring the renowned rainbow crosswalk, ensuring high visibility and foot traffic.
  • Class B property built in 1925, offering a mix of commercial and residential space in each two-story building.
  • One building currently houses a successful bicycle shop (ground floor) with adaptable second-floor space; the other building, a former chiropractic clinic, also features adaptable second-floor space.
  • Includes seven parking spaces, 50% occupancy, and is offered at 100% ownership with a gross lease.
  • Recent renovations enhance curb appeal and functionality; convenient access to major thoroughfares and public transportation.

Property Details for 404 Westheimer Rd

Property type
Retail properties, Restaurants
Square Feet
5,187 SF
Class
B
Year Built
1925
Buildings
2
Stories
2

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.744558619918
Longitude
-95.38613672747
404 Westheimer Rd, Houston, Texas

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404 Westheimer Rd
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