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711 Freeport St
Houston, TX 77015
Hospitality Property · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bar
Building Size
3,114 SF
Building Class
C
Year Built
1969
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.28 AC
Parking
24 Spaces (7.71 Spaces per 1,000 SF Leased)

AMENITIES

  • Corner Lot

ABOUT 711 FREEPORT ST , HOUSTON, TX 77015

River Oaks Equity Partners is pleased to present a hospitality property currently utilized as a bar and lounge in Houston, Texas. This exclusive offering allows an investor to acquire a fully operational business in a densely populated area inside of Beltway 8. This property is ideally situated on a corner lot on a main commercial road in Cloverleaf. This highly walkable, residential area is in close proximity to I-10, Woodforest Boulevard and Market Street. This offering presents the flexibility for an owner-operator to choose to run the business themselves or take a more passive role and lease the space to a single tenant. All furniture, fixtures and equipment can be purchased for an additional $25,000 yielding a turnkey opportunity for the new owner. INVESTMENT HIGHLIGHTS - Offering Priced at $350,000 - Located near I-10 and Beltway 8 - High traffic count location - Highly walkable residential neighborhood with increasing population growth rate STRUCTURAL HIGHLIGHTS - Parking lot repaved + restriped approximately two years ago - Central HVAC - 1/3 of units replaced within six months - Boiler installed approximately two years ago - New roof installed approximately two years ago *Structural highlights per Owner For more information please visit: http://listings.riveroaksequity.com/

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0650710810001
Land Assessment
$143,892
Improvements Assessment
$213,202
Total Assessment
$357,094
  • Listing ID: 14816437

  • Date on Market: 1/9/2019

  • Last Updated:

  • Address: 711 Freeport St, Houston, TX 77015

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