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3011 Smith St 10,000 SF Retail Building Houston, TX 77006 For Sale
Investment Highlights
- Located in Midtown Houston with connectivity to Downtown, Museum District, and Texas Medical Center.
- Situated in close proximity to METRORail and major freeways for convenient regional access.
- Within minutes of major Houston landmarks, major universities, and employment centers.
- 0.46-acre site offering flexible redevelopment options for retail, dining, or mixed-use projects.
- Formerly home to Damian’s Restaurant, providing historical significance and strong local recognition.
Executive Summary
3011 Smith Street presents a rare infill opportunity in Houston’s vibrant Midtown district. The property consists of 0.46 acres offering exceptional redevelopment potential in one of Houston’s most dynamic urban neighborhoods. With flexible zoning, the site can support various uses, including mixed-use, retail, or restaurant concepts, providing investors with significant upside for adaptive reuse or ground-up development.
Located within walking distance to the city’s cultural, innovation, and business hubs, the site is near key urban amenities, METRORail access, and major freeway connections. Its visibility along Smith Street coupled with proximity to institutions like the Texas Medical Center, Downtown Houston, and Rice University reinforces long-term value and demand. This property is well-positioned for developers and investors seeking to capitalize on the continued growth of the Midtown and surrounding districts.
Located within walking distance to the city’s cultural, innovation, and business hubs, the site is near key urban amenities, METRORail access, and major freeway connections. Its visibility along Smith Street coupled with proximity to institutions like the Texas Medical Center, Downtown Houston, and Rice University reinforces long-term value and demand. This property is well-positioned for developers and investors seeking to capitalize on the continued growth of the Midtown and surrounding districts.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,000 SF
Building Class
B
Year Built
1950
Tenancy
Single
Building Height
2 Stories
Building FAR
0.50
Lot Size
0.46 AC
Zoning
N./A
Parking
27 Spaces (2.7 Spaces per 1,000 SF Leased)
Frontage
120’ on Smith Street
Exceptionally walkable
90/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1372870010001 | Improvements Assessment | $591,274 |
| Land Assessment | $1,499,850 | Total Assessment | $2,091,124 |
Property Taxes
Parcel Number
1372870010001
Land Assessment
$1,499,850
Improvements Assessment
$591,274
Total Assessment
$2,091,124
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