1841 Richmond Ave 3,772 SF Retail Building Houston, TX 77098 $1,695,000 ($449.36/SF) 7.08% Cap Rate

1841 Richmond Avenue presents a rare opportunity to acquire a freestanding retail building in one of Houston's most established and supply constrained commercial corridors.Situated in the heart of Montrose this property combines excellent visibility , 13 dedicated parking spots as well as extensive infrastructure including a 1000 gallon grease trap, commercial kitchen and walk in cooler and freezer while maintaining the flexibility to accommodate a wide variety of retail, medical and commercial uses.
The surrounding area features a mix of residential density, office users, neighborhood retail, hospitality venues, and regional dining destinations, creating consistent activity throughout the day and evening. Accessibility to major thoroughfares including U.S. 59/I-69 and nearby connections to Downtown Houston and the Texas Medical Center further enhances the property's market reach.
Whether purchased by an owner-investor targeting a high demand infill market, the property offers a combination of location, functionality, and long term value that is rarely available
For investors and owner-users, the property's location within a mature infill trade area offers the benefits of limited land availability, established consumer demand, and proximity to some of Houston's most recognized neighborhoods. The combination of a standalone building, visibility along Richmond Avenue, and placement within an active mixed-use environment supports a variety of potential commercial uses.