2407 Southmore BlvdHouston, TX 77004

Property Details for 2407 Southmore Blvd

Year built

1920

Property size (Sq ft)

11,849 SF

Property type

Retail properties

Property subtype

Office properties

Description

This exceptional mixed-use property at 2407 Southmore Blvd, Houston, TX 77004, presents a compelling investment opportunity. The 11,849 square foot lot houses a 1,716 square foot retail/office space and a 1,350 square foot duplex with two units. Built in 1920 and renovated in 2021, this Class C property offers significant potential. The retail/office space is currently vacant, providing a blank canvas for a new tenant or owner-user. The duplex units, also vacant, offer immediate rental income potential or the possibility of owner occupancy. The property's location in Houston's desirable 77004 zip code, near Highway 288, ensures high visibility and accessibility. The 22% occupancy rate reflects the current vacant status, presenting an opportunity to increase returns. The property features two buildings across two stories, with a total net rentable area of 3,066 square feet. The gross lease terms are for one year, commencing November 1, 2024, and expiring October 31, 2025. This value-add investment is ideal for an owner-user seeking a combination of commercial and residential space, or for an investor looking to capitalize on the property's potential for increased occupancy and rental income. The large lot size offers further development possibilities. The property is zoned for versatile use, allowing for a variety of commercial and residential applications. This is a rare opportunity to acquire a mixed-use property in a prime Houston location.

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7213

Longitude

-95.3749

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