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Portfolio of Two Buildings at 404 Westheimer in Montrose

Portfolio of properties at Westheimer and Taft

Listing Contacts

Active

Asking Price: $1,500,000
Earnest Money  Deposit: $25,000 min.
Address 

404 Westheimer Rd, Houston, TX 77006

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Date Added
Sep 14, 2023
Days on Market
613 days
Time Since Last Update
90 days

Details

Property TypeRetail
SubtypeBar, Restaurant, Storefront
ClassB
Lease TypeGross
TenancyMulti
Number of Tenants1
Remaining Term0 years
Square Footage5,187
Occupancy50%
Year Built1925
Buildings2
Stories2
Parking (spaces)7
Ownership100%
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Marketing Description

Property Overview

A fantastic investment opportunity with potential—a dual-building portfolio in Houston's vibrant Montrose district, at the iconic intersection of Taft and Westheimer.​ This portfolio comprises two separate buildings, both with a mix of commercial and residential spaces, ideally suited for businesses desiring a high-profile presence and optional living quarters.​

Location Highlights

- Situated at the famous Taft/Westheimer rainbow crosswalk, a renowned local landmark.​

- High foot traffic and excellent visibility.​

- Convenient access to major thoroughfares and public transportation.​

- An array of dining, shopping, and cultural activities in the immediate vicinity.​

Property 1: Former Chiropractic Clinic

- Most recently operated as a chiropractic clinic, this building has a rich history in the Montrose community.​

- The building faces Westheimer Road, offering excellent visibility.​

- The second floor offers adaptable space, suitable for additional offices, storage, or residential living.​

Property 2- Currently Houston Bicycle Co.​

- Ground floor currently leased to a successful bicycle shop.​

- The second floor features additional space that can be utilized as an office, storage, or living quarters.​

- Well-maintained, with recent renovations enhancing its curb appeal and functionality.​

Potential Use

Both properties offer mixed-use capabilities, with commercial spaces on the ground floor and flexible space on the second floor.​ This makes the portfolio ideal for investors looking to diversify their income streams or owner-operators seeking live-work capabilities.​

Investment Highlights

- Dual income potential from both commercial and residential spaces.​

- High-visibility location at a landmark intersection.​

- Well-maintained properties with recent renovations.​

- Flexibility in use and adaptability for a range of commercial applications.​

For more information and to schedule a tour, please contact our office.​ This is a rare opportunity to own a piece of Houston’s Montrose District.​

Investment Highlights

Commercial Real Estate Portfolio For Sale: Prime Location in Houston’s Montrose District

Property Overview

We are pleased to present a unique investment opportunity—a dual-building portfolio in Houston's vibrant Montrose district, at the iconic intersection of Taft and Westheimer. This portfolio comprises two separate buildings, both with a mix of commercial and residential spaces, ideally suited for businesses desiring a high-profile presence and optional living quarters.

Location Highlights

- Situated at the famous Taft/Westheimer rainbow crosswalk, a renowned local landmark.

- High foot traffic and excellent visibility.

- Convenient access to major thoroughfares and public transportation.

- An array of dining, shopping, and cultural activities in the immediate vicinity.

Property 1: Bicycle Shop

- Ground floor currently leased to a successful bicycle shop.

- The second floor features additional space that can be utilized as an office, storage, or living quarters.

- Well-maintained, with recent renovations enhancing its curb appeal and functionality.

Property 2: Former Chiropractic Clinic

- Most recently operated as a chiropractic clinic, this building has a rich history in the Montrose community.

- The building faces Westheimer Road, offering excellent visibility.

- The second floor offers adaptable space, suitable for additional offices, storage, or residential living.

Potential Use

Both properties offer mixed-use capabilities, with commercial spaces on the ground floor and flexible space on the second floor. This makes the portfolio ideal for investors looking to diversify their income streams or owner-operators seeking live-work capabilities.

Investment Highlights

- Dual income potential from both commercial and residential spaces.

- High-visibility location at a landmark intersection.

- Well-maintained properties with recent renovations.

- Flexibility in use and adaptability for a range of commercial applications.

For more information and to schedule a tour, please contact our office. Don’t miss out on this rare opportunity to own a piece of Houston’s Montrose District.

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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

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Listing Contacts


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