3221 Fannin StHouston, TX 77004

  • Retail space
  • 5,040 SF
For Sale
$999,999 View listing

Property Details for 3221 Fannin St

Year built
1948
Construction
BRICK
Lot size
0.11 AC
Property size (Sq ft)
5,040 SF
Property type
Retail space
APN
191930000006
APU
191930000006

Description

This 5,500 square foot, two-story mixed-use building at 3221 Fannin St, Houston, TX 77004, is for sale by owner for $999,999 ($181.82/sq ft). Built in 1948, this Class C property offers a unique opportunity for owner-users. Its ideal location on a busy corner lot on Fannin Street provides high visibility and substantial foot traffic, boosted by nearby high-rise apartments and ongoing construction projects. The property is currently configured as a medical office, but its versatile design lends itself to various uses, including optometry clinics or specialized dentistry practices. The second floor presents the potential for residential use. Seven parking spaces are available, including two street-facing spots, three additional street spots (post-construction), and two on-site spaces. A retail parking lot across Fannin Street offers further parking options. Owner financing is available at 4.75% interest with a $400,000 down payment. A non-disclosure agreement and proof of funds are required for showings, which are by appointment only. This property presents a strong potential for appreciation due to the ongoing development in the area.

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7404
Longitude
-95.3764
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,551
$375,000
$182,725
$557,725
-
$375,000
$182,725
$557,725

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