For Sale
$850,000

2601 Canal St Houston, TX 77003

0.22 Acres, $850,000

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 0.22-acre commercial and residential land parcel, located at 2601 & 2603 Canal Street in Houston, Texas (77003), presents a unique investment opportunity. Priced at $850,000, or $80 per square foot, this 10,000 square foot lot boasts a prime location in the East Downtown (EDO) Management District, a rapidly developing area just east of the Central Business District (CBD). The property enjoys a highly visible corner location, with curb cuts on Canal Street, offering excellent accessibility and exposure. Its proximity to renowned establishments like Ninfa's on Navigation further enhances its desirability. The area is experiencing significant growth, characterized by a vibrant mix of restaurants, bars, banks, apartments, townhomes, warehouses, shared office spaces, retail outlets, live music venues, and breweries, making it an attractive location for various commercial ventures. The land is currently clear of improvements, providing a blank canvas for development. This property offers significant potential for investors seeking to capitalize on Houston's thriving EDO neighborhood. The lot features approximately 100 feet of frontage on both Canal and Live Oak Streets. Harris County records indicate a total land area of 10,000 square feet.

Highlights

  • $850,000 asking price.
  • 0.22-acre land parcel.
  • $80/SF land value.
  • Located at the hard corner of Canal and Live Oak Streets.
  • Situated in Houston's East Downtown (EDO) Management District, near the CBD.

Property Details for 2601 Canal St

Property type
Land
Lot Size (sq. ft)
9,583 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7565192
Longitude
-95.3439854

FAQs

What type of property is this?
Land - 0.22 Acres, $850,000
Where is the land located?
The property is located at 2601 Canal St Houston, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: $850,000 asking price.; 0.22-acre land parcel.; $80/SF land value.
How can I contact the broker?
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2601 Canal St
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