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Originally $2.8M Reduced to $1.9M 1115 Broadway St 23,100 SF Retail Building Houston, TX 77012 $1,900,000 ($82.25/SF)
Investment Highlights
- Signalized Hard Corner
- Open floor plans
Executive Summary
Prime Signalized Hard Corner: Broadway Boulevard @ Lawndale Street; Heavy Traffic area, Near Pasadena Freeway entrance. Well Maintained 23,100 +/- SF of Retail / Glass Front Showroom/Office on 34,300 SF of Land. Interior truckwell. Property fronts three streets: Broadway Boulevard (181 Ft), Lawndale Street (157 Ft) and LaPorte Road (50 Ft).Potential uses: office, medical center, community center, C store site. Centrally located with quick access to the Port of Houston, 610 Loop South and Gulf Freeway (I-45 South). Current use: Large Furniture Store, two separate reception halls and small church. All tenants are month to month.***Originally $2.8 MM Price reduced to $1.9MM***
Owner will consider financing to qualified buyer.
Owner will consider financing to qualified buyer.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
23,100 SF
Building Class
C
Year Built/Renovated
1966/2010
Price
$1,900,000
Price Per SF
$82.25
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.68
Lot Size
0.78 AC
Zoning
None - No zoning odinance
Parking
25 Spaces (1.08 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Banking
- Corner Lot
- Mezzanine
- Pylon Sign
- Tenant Controlled HVAC
- Storage Space
- Recessed Lighting
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Total Assessment | $1,851,729 (2025) | |
| Land Assessment | $377,300 (2025) | Annual Taxes | ($23,100) (($1.00)/SF) |
| Improvements Assessment | $1,474,429 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Numbers
Land Assessment
$377,300 (2025)
Improvements Assessment
$1,474,429 (2025)
Total Assessment
$1,851,729 (2025)
Annual Taxes
($23,100) (($1.00)/SF)
Tax Year
2024
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Originally $2.8M Reduced to $1.9M | 1115 Broadway St
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