4409 Canal StHouston, TX 77011

Property Details for 4409 Canal St

Year built

1960

Construction

CONCRETE BLOCKS

Lot size

0.11 AC

Property size (Sq ft)

630 SF

Property type

Retail space

APN

542870000008

APU

542870000008

Description

This exceptional 800-square-foot mixed-use commercial property in Houston, Texas, presents a lucrative investment opportunity. Currently operating as a 100% occupied coffee shop, this space boasts a prime location at 4409 Canal St, 77011, within Harris County. The asking price is $675,000, translating to $843.75 per square foot. The building features three-phase power, making it suitable for a variety of businesses. An attractive outdoor seating area enhances customer appeal, while security cameras and a specialized drawer (installed for enhanced safety) provide peace of mind. The property's strong performance and versatile design make it an ideal investment for both seasoned and aspiring entrepreneurs seeking a high-return commercial venture in a vibrant Houston location. The property's current configuration as a successful coffee shop demonstrates its potential for continued profitability and offers immediate income generation. Its central location and attractive features make it a highly desirable commercial space. This is a rare opportunity to acquire a well-established, income-producing property in a thriving Texas market.

• CAP approach

  CAP return

  Valuation

  6%

  $189,667

  6.5%

  $175,077

  7%

  $162,572

• Comparable approach

  Method

  Valuation

  Relative Method

  $234,662

  Geo Method

  $475,312

• Alternative Use

  Use

  Valuation

  Residential

  $147,684

  Hospitality

  $135,278

  Educational

  $112,550

  Medical

  $116,420

  Retail

  $175,077

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.749

Longitude

-95.3297

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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