For Sale
$1,800,000

308 John A Butler StMontgomery, TX 77356

13-Unit Shopping Center, 1.2 Acres

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 14,490 to 14,890 square foot retail shopping center situated on 1.24 acres in Montgomery, Texas' historic downtown district. The property comprises ten buildings housing thirteen individual retail/commercial spaces, offering a diverse mix of tenants providing services, food, and retail goods. Built between 1945 and 2019, this Class C property boasts high visibility from two major thoroughfares, Highway 105 and FM 149, ensuring significant traffic exposure. Located in the heart of Montgomery, it benefits from proximity to Conroe, The Woodlands, Houston, Huntsville, and Bryan/College Station, capitalizing on the rapid growth of Montgomery County, one of the nation's fastest-growing areas. The property's central location also places it minutes from Lake Conroe, a major driver of local economic development. The convenient access to major roadways allows for an approximately one-hour commute to downtown Houston. City sewer and water services are available. With ample room for expansion, this 13-unit shopping center presents a rare chance to acquire an entire city block in a thriving Texas market. The asking price is $1,800,000. This property offers significant potential for future growth and strong rental income.

Highlights

  • 1.24-acre site.
  • 14,490 square feet of retail space.
  • Ten buildings with twelve retail units.
  • City water and sewer.
  • Prime location in Montgomery, TX's historic downtown district.
  • High visibility from Hwy 105 and FM 149.

Property Details for 308 John A Butler St

Property type
Lifestyle centers, Power centers
Square Feet
14,490 SF
Class
C
Year Built
1975
Buildings
10
Lot Size (sq. ft)
54,014 SF
Units
13

Location Insight

City
Montgomery
County
Montgomery
State
Texas
Latitude
30.389263283533
Longitude
-95.695676398312
308 John A Butler St, Montgomery, Texas

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308 John A Butler St
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