Log In/Sign Up
Your email has been sent.
1841 Richmond Ave 3,772 SF Retail Building Houston, TX 77098 $1,795,000 ($475.87/SF)



Investment Highlights
- Freestanding retail building along Richmond Avenue.
- Convenient access to Downtown Houston and major employment centers.
- Positioned within Houston's Inner Loop commercial market.
- Located within Houston's established Montrose district.
- Surrounded by restaurants, retail, residential, and office uses.
- Established commercial corridor with strong area visibility.
Executive Summary
1841 Richmond Avenue presents an owner-user or investment opportunity in Houston's Montrose and Inner Loop area. The property is a freestanding retail building positioned along Richmond Avenue, a well-traveled commercial corridor serving nearby neighborhoods including Montrose, River Oaks, Midtown, and Upper Kirby. Its location provides convenient access to major Houston employment centers, retail destinations, restaurants, and entertainment venues, supporting a broad customer base and long-term occupancy appeal.
The building was originally developed in 1998 and has historically operated as a restaurant property, offering a recognizable presence along one of Houston's established urban commercial corridors. 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.
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, subject to applicable regulations and approvals.
The building was originally developed in 1998 and has historically operated as a restaurant property, offering a recognizable presence along one of Houston's established urban commercial corridors. 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.
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, subject to applicable regulations and approvals.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,772 SF
Building Class
C
Year Built
1998
Price
$1,795,000
Price Per SF
$475.87
Tenancy
Single
Building Height
2 Stories
Building FAR
0.73
Lot Size
0.12 AC
Parking
10 Spaces (2.67 Spaces per 1,000 SF Leased)
Exceptionally walkable
90/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $361,525 | |
| Land Assessment | $1,196,230 | Total Assessment | $1,557,755 |
Property Taxes
Parcel Numbers
Land Assessment
$1,196,230
Improvements Assessment
$361,525
Total Assessment
$1,557,755
1 of 22
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
1841 Richmond Ave
