For Sale
$800,000

3902 Mckinney StHouston, TX 77023

$800K Mixed-Use Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Houston property, located at 3902 McKinney St, offers a unique blend of creative office and storefront spaces. The 3,200 square foot building, constructed in 1969 and extensively renovated in 2020, sits on a 6,700 square foot lot zoned F1 -- Real, Commercial. Currently boasting 50% occupancy (as of June 20, 2023), this stabilized investment features two separate units, each with its own entrance, high ceilings, abundant natural light, and well-appointed bathrooms. The industrial-chic design incorporates exposed air conditioning and elegant glass garage doors equipped with storm shutters for added security and privacy. The property's prime location just off McKinney Street in Houston's rapidly developing East End presents a compelling opportunity for investors seeking a high-return, mixed-use asset. The asking price is $800,000, translating to $250 per square foot. This single-story building presents a rare chance to acquire a meticulously renovated property in a vibrant and up-and-coming neighborhood. The property's unique design and desirable location make it an ideal investment for discerning buyers seeking a blend of modern aesthetics and strong rental potential. The Harris County location and convenient access to McKinney Street further enhance its appeal.

Highlights

  • $800,000 asking price for a stabilized mixed-use investment property.
  • 3,200 square feet of net rentable space, priced at $250 per square foot.
  • Currently 50% occupied, with occupancy date of June 20, 2023.
  • Two units in a single, one-story, 1969-built building renovated in 2020.
  • Located on a 6,700 square foot lot at 3902 McKinney St, Houston, TX 77023 (Harris County).
  • F1 Commercial zoning.

Property Details for 3902 Mckinney St

Property type
Retail properties, Office properties
Square Feet
3,200 SF
Year Built/Renovated
1969/2020
Buildings
1
Stories
1
Units
2

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7427307
Longitude
-95.3394393
3902 Mckinney St, Houston, Texas

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3902 Mckinney St
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