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3801 Delano St
Houston, TX 77004
Retail Property For Sale
Investment Highlights
- Existing 2,400 SF commercial building leased at $3,500 per month, net of operating expenses.
- Corner exposure at Delano and Alabama with existing parking and convenient access to Downtown, TSU, University of Houston and major highways.
- Approximately 11,550 SF two-lot site with additional land available for potential flex, retail or commercial development.
Executive Summary
Income-producing corner retail property on approximately 11,550 SF of land with an existing 2,400 SF commercial building. Currently leased to a thrift store at $3,500 per month, net of operating expenses. Additional land formerly improved with two buildings offers potential for future flex, retail or commercial expansion. Located at Delano Street and Alabama Street in Houston’s Third Ward.
Asking price: $1,200,000.
Asking price: $1,200,000.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,400 SF
Building Class
C
Year Built/Renovated
1940/2020
Price
$1,200,000
Price Per SF
$500
Tenancy
Single
Building Height
1 Story
Building FAR
0.42
Lot Size
0.13 AC
Opportunity Zone
Yes
Amenities
- Signage
Property Taxes
| Parcel Number | 0611620250001 | Improvements Assessment | $325,068 |
| Land Assessment | $202,125 | Total Assessment | $527,193 |
Property Taxes
Parcel Number
0611620250001
Land Assessment
$202,125
Improvements Assessment
$325,068
Total Assessment
$527,193
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