For Sale
$399,000

402 4Th St Richmond, TX 77469

Historic Charm, Modern Updates, Full Ownership

Overview

Added:
Dec 11, 2024
Days on market:
138
This beautifully renovated, 1,858 square foot traditional office building in downtown Richmond, Texas, is available for $399,000. Occupying a 9,000 square foot lot, this two-story, 1990-built property boasts 100% occupancy as of January 1, 2024. Extensive 2023 renovations include interior and exterior painting, new laminate flooring, updated kitchen cabinets and countertops, a renovated master bathroom with jetted tub, and a stylish powder room. Upstairs, two spacious bedrooms, a renovated bathroom, and a large balcony offer additional space. The property is zoned for commercial or residential use, presenting a unique owner-user opportunity. The building's colonial style architecture adds to its charm and appeal. This is a rare opportunity to acquire a fully renovated, historically significant property in a prime downtown location with the potential for expansion on the large lot. The asking price of $214.75 per square foot reflects the property's exceptional condition and location. This turnkey property is ready for immediate occupancy.

Highlights

  • Owner-occupied building.
  • High-traffic location with excellent visibility.
  • Strong tenant base with long-term leases.
  • Significant upside potential through lease-up or rent increases.
  • Well-maintained property with recent capital improvements.

Property Details for 402 4Th St

Property type
Office properties
Square Feet
1,858 SF
Year Built/Renovated
1990/2023
Buildings
1
Stories
2
Units
1

Location Insight

City
Richmond
County
Fort Bend
State
Texas
Latitude
29.581117
Longitude
-95.7612188

FAQs

What type of property is this?
Office property - Historic Charm, Modern Updates, Full Ownership
Where is the office property located?
The property is located at 402 4Th St Richmond, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Owner-occupied building.; High-traffic location with excellent visibility.; Strong tenant base with long-term leases.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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402 4Th St
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