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Taqueria Guadalajara 703 S 75th St 2,794 SF Retail Building Houston, TX 77023 $499,000 ($178.60/SF)
INVESTMENT HIGHLIGHTS
- Hard corner in a developing area
- High population density
EXECUTIVE SUMMARY
Property Overview:
Former Taqueria Guadalajara restaurant – a 2,794 SF freestanding building situated on a 5,500 SF lot in the highly visible hard corner near 75th Street & Lawndale. Located in Houston’s revitalized East End (Magnolia Park subdivision), this property sits at the heart of a rapidly transforming area with new townhome developments and revitalized multifamily housing nearby.
Property Features:
2,794 SF freestanding building
Full commercial kitchen & serving area
Reception area
Two restrooms
Corner lot with excellent visibility & access
Lot size: 5,500 SF
Currently occupied by the owner.
Location Highlights:
Located in a designated Economic Opportunity Zone
High-traffic intersection near major Houston growth corridors
Close proximity to:
I-45, I-610, Downtown Houston
University of Houston
Houston Ship Channel
Popular EADO District
Area Growth:
Strong path of gentrification & redevelopment in progress
Surrounded by new construction townhomes & revitalized apartment blocks
High-demand corridor linking Downtown Houston to the Ship Channel
Demographics (Population):
1 Mile: 18,216
3 Mile: 123,458
5 Mile: 300,313
Former Taqueria Guadalajara restaurant – a 2,794 SF freestanding building situated on a 5,500 SF lot in the highly visible hard corner near 75th Street & Lawndale. Located in Houston’s revitalized East End (Magnolia Park subdivision), this property sits at the heart of a rapidly transforming area with new townhome developments and revitalized multifamily housing nearby.
Property Features:
2,794 SF freestanding building
Full commercial kitchen & serving area
Reception area
Two restrooms
Corner lot with excellent visibility & access
Lot size: 5,500 SF
Currently occupied by the owner.
Location Highlights:
Located in a designated Economic Opportunity Zone
High-traffic intersection near major Houston growth corridors
Close proximity to:
I-45, I-610, Downtown Houston
University of Houston
Houston Ship Channel
Popular EADO District
Area Growth:
Strong path of gentrification & redevelopment in progress
Surrounded by new construction townhomes & revitalized apartment blocks
High-demand corridor linking Downtown Houston to the Ship Channel
Demographics (Population):
1 Mile: 18,216
3 Mile: 123,458
5 Mile: 300,313
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,794 SF
Building Class
C
Year Built
1960
Price
$499,000
Price Per SF
$178.60
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.16 AC
Frontage
93’ on South 75th Street
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0660720110001 | Improvements Assessment | $101,743 |
| Land Assessment | $82,500 | Total Assessment | $184,243 |
PROPERTY TAXES
Parcel Number
0660720110001
Land Assessment
$82,500
Improvements Assessment
$101,743
Total Assessment
$184,243
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Taqueria Guadalajara | 703 S 75th St
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