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1116 Austin St 966 SF Retail Building Hempstead, TX 77445 $250,000 ($258.80/SF)
INVESTMENT HIGHLIGHTS
- Turnkey Mixed-Use Asset – Recently renovated 966± SF building in with new electrical, plumbing, fixtures, paint, and finishes
- Flexible Zoning – CBD zoning allows a wide range of commercial, professional, and retail uses, ideal for an owner-user, investor, or small business
- Growing Market – Located in Waller County, one of Texas’ fastest-growing counties fueling long-term appreciation.
- Prime Downtown Location – Positioned in Hempstead’s Central Business District (CBD) with steady foot and vehicle traffic
- Strategic Access – Less than one mile to Highway 290 and minutes to Prairie View A&M University, Brenham, and the greater Houston metro corridor
- Low-Maintenance Design – All new systems (electrical, plumbing, HVAC potential) and sealed concrete flooring minimize future capital expenditures.
EXECUTIVE SUMMARY
Located in the heart of Downtown Hempstead’s Central Business District (CBD), this 966± SF mixed-use building offers a rare combination of charm and turnkey upgrades. The property sits on a 1,023± SF lot with excellent visibility and walkability, ideal for a boutique retail space, professional office, salon, or small café.
Recent improvements include all new electrical wiring, new plumbing and fixtures, and updated light fixtures and ceiling fans throughout. The building features fresh interior and exterior paint, brand-new shutters, and polished, sealed concrete floors for low-maintenance durability. The expanded ADA-accessible bathroom, new countertops, and added storage loft enhance both functionality and comfort.
Outside, a painted and upgraded patio area with a steel grate and clean-out creates an inviting space for outdoor seating or display use. With CBD zoning, city utilities, and proximity to Highway 290, this property is ideal for owner-users or investors looking for a move-in-ready commercial space in a high-growth Waller County market.
Recent improvements include all new electrical wiring, new plumbing and fixtures, and updated light fixtures and ceiling fans throughout. The building features fresh interior and exterior paint, brand-new shutters, and polished, sealed concrete floors for low-maintenance durability. The expanded ADA-accessible bathroom, new countertops, and added storage loft enhance both functionality and comfort.
Outside, a painted and upgraded patio area with a steel grate and clean-out creates an inviting space for outdoor seating or display use. With CBD zoning, city utilities, and proximity to Highway 290, this property is ideal for owner-users or investors looking for a move-in-ready commercial space in a high-growth Waller County market.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
966 SF
Year Built
1800
Price
$250,000
Price Per SF
$258.80
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.11 AC
Opportunity Zone
Yes
Frontage
21’ on AUSTIN ST
AMENITIES
- Mezzanine
- Storage Space
- Fiber Optic Internet
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 20090 | Improvements Assessment | $87,670 |
| Land Assessment | $1,840 | Total Assessment | $89,510 |
PROPERTY TAXES
Parcel Number
20090
Land Assessment
$1,840
Improvements Assessment
$87,670
Total Assessment
$89,510
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1116 Austin St
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