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402 Main St
Houston, TX 77002
 Citizens Bank Bldg · Office Property For Sale

Office Spaces Texas Houston 402 Main St, Houston, TX 77002

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INVESTMENT HIGHLIGHTS

  • Build in 1920
  • Street Parking
  • Contract parking available at One Market Square Garage
  • 48486 SF Building
  • 2 Elevators
  • Facade restoration in 2015

EXECUTIVE SUMMARY

The Former Citizens Bank Building is a prime redevelopment opportunity for office, residential, or hospitality located on Main Street at Preston in front of the Metro Rail stop. The building can be delivered vacant or with minimal cash flow.

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Office
Building Size
44,754 SF
Building Class
B
Year Built/Renovated
1920/2000
Percent Leased
100%
Tenancy
Multiple
Building Height
11 Stories
Typical Floor Size
4,068 SF
Slab To Slab
11’
Building FAR
9.34
Lot Size
0.11 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
None

AMENITIES

  • Controlled Access
  • Property Manager on Site

PROPERTY TAXES

Parcel Number 0010440000020 Improvements Assessment $2,759,573
Land Assessment $564,863 Total Assessment $3,324,436

PROPERTY TAXES

Parcel Number
0010440000020
Land Assessment
$564,863
Improvements Assessment
$2,759,573
Total Assessment
$3,324,436
 

  • Listing ID: 26039632

  • Date on Market: 6/28/2022

  • Last Updated:

  • Address: 402 Main St, Houston, TX 77002

More public record information on 402 Main St, Houston, TX 77002

The Market Square Office Property at 402 Main St, Houston, TX 77002 is currently available. Contact Transwestern Real Estate Services for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

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