Log In/Sign Up
Your email has been sent.
1113 Vine St 66,000 SF 100% Leased Office Building Houston, TX 77002 For Sale
Investment Highlights
- Offered well below replacement cost
- Meticulously maintained asset
- Strong mixed-use cash flow with long-term appreciation potential
- Beautifully renovated in 2025
- Below-market in-place rents with mark-to-market upside
Executive Summary
Rare opportunity to acquire a meticulously maintained mixed-use asset at a basis well below replacement cost. Beautifully renovated in 2025, the property combines modern improvements with enduring character and features below-market in-place rents, providing meaningful upside through future lease rollovers. A thoughtfully curated mix of retail and office tenants has transformed the building into a vibrant destination, creating an attractive environment for customers and the surrounding community. Offering immediate cash flow, significant embedded rental upside, and an exceptional cost basis, this is an outstanding opportunity for investors seeking long-term value creation.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
66,000 SF
Building Class
A
Year Built/Renovated
1917/2025
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
33,000 SF
Slab To Slab
13’
Building FAR
0.67
Lot Size
2.25 AC
Opportunity Zone
Yes
Zoning
None - The City of Houston does not have traditional zoning, providing owners with exceptional flexibility for future use, redevelopment, and repositioning,
Parking
147 Spaces (2.23 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Controlled Access
- Commuter Rail
- Fenced Lot
- Metro/Subway
- Property Manager on Site
- Skylights
- Storage Space
- Basement
- Bicycle Storage
- High Ceilings
- Open-Plan
- Plug & Play
- Secure Storage
- Hardwood Floors
- Air Conditioning
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Strong public transit
80/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 0031370000001 | Improvements Assessment | $4,603,539 |
| Land Assessment | $1,867,938 | Total Assessment | $6,471,477 |
Property Taxes
Parcel Number
0031370000001
Land Assessment
$1,867,938
Improvements Assessment
$4,603,539
Total Assessment
$6,471,477
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Scarlet Capital
1113 Vine St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.