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848 Heights Blvd
Houston, TX 77007
Office Property For Sale
Investment Highlights
- Historic Landmark Permitted for Commercial or Residential use
- Significant Premium Upgrades completed in 2017, including Full Chef’s Kitchen
- 12 On-site Parking Spaces + 3-car Garage + easy additional Street Parking
- ±6,320 square-foot Office Building on ±7,500 square-foot Corner Lot in Prime Heights Location
- Certificate of Occupancy and Commercial Signage Permits in place
- Two (2) Stories + Basement
Executive Summary
Marcus & Millichap, as the exclusive representative, is pleased to offer for sale 848 Heights Blvd., Houston, Texas 77007 as an opportunity for an owner-occupier or investor.
This ±6,320 square-foot historic property, built in 1923 and located on a prime corner lot in the Heights, underwent a high-end renovation in 2017 and is permitted for Commercial or Residential use.
On the second floor, you'll find three (3) large office rooms, three (3) restrooms, and additional workspaces. The property includes a linked garage apartment with a large open room, kitchen area, two (2) offices, and a balcony. Additional features include a 3-car garage, and a large basement with a wine cellar.
Houston Heights has experienced significant gentrification, resulting in a high median household income of approximately $151,252. The neighborhood is known for its unique blend of historic charm, modern amenities, and walkability, offering a high quality of work-life balance with its parks, restaurants, and cultural attractions. The Heights boasts strong property appreciation rates and a thriving business environment with a mix of boutique offices, retail hubs, and co-working spaces attracting small businesses and professionals. This vibrant business community is supported by organizations such as the Houston Heights Association and the Greater Heights Area Chamber of Commerce.
Centrally located, the property provides easy access to downtown Houston in around 15 minutes. Memorial Park is only four (4) miles away, with the Museum District six (6) miles, the Medical Center seven (7) miles, and The Galleria eight (8) miles away. Notable medical facilities in the area include Memorial Hermann Greater Heights Hospital, Harris Health Northwest Health Center, HCA Houston ER 24/7, and PAM Health Rehabilitation Hospital of Houston Heights.
The Heights Boulevard Trail runs along Heights Boulevard and features a leafy, scenic esplanade with art installations and green spaces. The Heights Hike and Bike Trail is an 8.7-mile paved greenway, popular for road biking, running, and walking, connecting to the White Oak Bayou Trail. Nearby parks include Donovan Park, Heights Boulevard Park, Marmion Park, Milroy Park, Stude Park, and White Oak Bayou Greenway.
This ±6,320 square-foot historic property, built in 1923 and located on a prime corner lot in the Heights, underwent a high-end renovation in 2017 and is permitted for Commercial or Residential use.
On the second floor, you'll find three (3) large office rooms, three (3) restrooms, and additional workspaces. The property includes a linked garage apartment with a large open room, kitchen area, two (2) offices, and a balcony. Additional features include a 3-car garage, and a large basement with a wine cellar.
Houston Heights has experienced significant gentrification, resulting in a high median household income of approximately $151,252. The neighborhood is known for its unique blend of historic charm, modern amenities, and walkability, offering a high quality of work-life balance with its parks, restaurants, and cultural attractions. The Heights boasts strong property appreciation rates and a thriving business environment with a mix of boutique offices, retail hubs, and co-working spaces attracting small businesses and professionals. This vibrant business community is supported by organizations such as the Houston Heights Association and the Greater Heights Area Chamber of Commerce.
Centrally located, the property provides easy access to downtown Houston in around 15 minutes. Memorial Park is only four (4) miles away, with the Museum District six (6) miles, the Medical Center seven (7) miles, and The Galleria eight (8) miles away. Notable medical facilities in the area include Memorial Hermann Greater Heights Hospital, Harris Health Northwest Health Center, HCA Houston ER 24/7, and PAM Health Rehabilitation Hospital of Houston Heights.
The Heights Boulevard Trail runs along Heights Boulevard and features a leafy, scenic esplanade with art installations and green spaces. The Heights Hike and Bike Trail is an 8.7-mile paved greenway, popular for road biking, running, and walking, connecting to the White Oak Bayou Trail. Nearby parks include Donovan Park, Heights Boulevard Park, Marmion Park, Milroy Park, Stude Park, and White Oak Bayou Greenway.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,320 SF
Building Class
B
Year Built/Renovated
1923/2017
Price
$2,395,000
Price Per SF
$378.96
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,160 SF
Building FAR
0.85
Lot Size
0.17 AC
Parking
12 Spaces (1.9 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Storage Space
- Basement
- Central Heating
- Air Conditioning
Property Taxes
| Parcel Number | 0202430000024 | Improvements Assessment | $1,747,900 |
| Land Assessment | $750,000 | Total Assessment | $2,497,900 |
Property Taxes
Parcel Number
0202430000024
Land Assessment
$750,000
Improvements Assessment
$1,747,900
Total Assessment
$2,497,900
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