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2401/2403 Sunset Properties 2401 Sunset Blvd 3,081 SF Vacant Office Building Houston, TX 77005 $1,985,000 ($644.27/SF)



INVESTMENT HIGHLIGHTS
- Properties offered are 2401 Sunset and 2403 Sunset. Buildings will not be sold separately.
- Blocks from Rice Village. Easy access to US 59/69.
- Strong history of high-end tenants.
EXECUTIVE SUMMARY
PRIME CORNER NEAR RICE VILLAGE. These two eye-catching, architecturally unique buildings are located at the corner of Sunset Blvd. and Morningside just blocks from Rice Village. Both buildings were completely refurbished in 2014/2015, including new TPO roofs, new high efficiency windows, updated electrical and CAT 5, extensive plumbing replacement and recent A/C units. Maintenance costs are minimal due to the recent renovations. Buildings are separately metered, and trash/recycling is on the city system.
Building #1 (2401 Sunset) offers multi-suite format with six office suites, public restrooms, a kitchen and 2nd floor community space. The 3rd floor unit has its own en-suite bathroom and covered terrace, which could easily be converted to an additional office space. Four of six units currently tenant occupied with various lease terms.
Building #2 (2403 Sunset) is a 3-story stand alone building with a recently remodeled full kitchen, a 1st floor garden area and a 3rd floor outdoor patio. Additional private access to Building #2 through the third floor exterior staircase.
Building #1 has four tenants and two current vacancies. Tenant in Building #2 has a modified gross lease ending in 2026. Parking is available in the private lot behind Building #1 and includes seven spaces plus additional street parking.
Building #1 (2401 Sunset) offers multi-suite format with six office suites, public restrooms, a kitchen and 2nd floor community space. The 3rd floor unit has its own en-suite bathroom and covered terrace, which could easily be converted to an additional office space. Four of six units currently tenant occupied with various lease terms.
Building #2 (2403 Sunset) is a 3-story stand alone building with a recently remodeled full kitchen, a 1st floor garden area and a 3rd floor outdoor patio. Additional private access to Building #2 through the third floor exterior staircase.
Building #1 has four tenants and two current vacancies. Tenant in Building #2 has a modified gross lease ending in 2026. Parking is available in the private lot behind Building #1 and includes seven spaces plus additional street parking.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,081 SF
Building Class
C
Year Built/Renovated
1985/2014
Price
$1,985,000
Price Per SF
$644.27
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,027 SF
Building FAR
1.01
Lot Size
0.07 AC
Zoning
None - Commercial Bldg. - Mixed Res.
Parking
7 Spaces (2.27 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Kitchen
- Central Heating
- Natural Light
- Partitioned Offices
- Wi-Fi
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Sarah Campbell & Perfect Skin Aesthetics
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Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Sarah Campbell & Perfect Skin Aesthetics | - | - | - | Lorem Ipsum | Jan 0000 |
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $513,509 | |
| Land Assessment | $518,430 | Total Assessment | $1,031,939 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$518,430
Improvements Assessment
$513,509
Total Assessment
$1,031,939
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2401/2403 Sunset Properties | 2401 Sunset Blvd
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