1313 ILLINOIS ST SOUTH HOUSTON TX 77587
Seller Financed at Asking Price
Marketing description
Three-property industrial portfolio in South Houston totaling ±10,860 SF across three tenanted steel/metal warehouse buildings. Current gross income is $5,700/month, with upside through rent increases or renewals. Portfolio includes 1307 Illinois St, 1309 Illinois Ave (same lot must be sold together), and 1313 Illinois St (separate lot). Offered as a package with a discounted portfolio price: $1,300,000 with seller financing or $1,250,000 cash or conventional financing. Seller financing available with 30% down, 25-year amortization, and flexible terms of 36 months at 6% or 60 months at 8%. Strong small-bay industrial opportunity near Hobby Airport.
Tenant Info :
1313 Illinois St is currently leased to a motorcycle repair and service operator specializing in Harley-Davidson motorcycles. The tenant uses the space for motorcycle maintenance, diagnostics, repair work, parts replacement, customization, and related service operations. This type of tenant is a strong fit for small-bay industrial space, requiring functional warehouse layout, drive-in access, equipment/work areas, and convenient access for customers and vehicle storage.
Watch Video: https://youtu.be/w7JCEjwaY8g
Investment highlights
- ±3,360 SF industrial warehouse in South Houston
- Income-producing property with existing tenant in place
- Tenant operates a Harley-Davidson / motorcycle repair business
- Functional metal warehouse building with industrial utility
- Three drive-in doors for easy vehicle and equipment access
- Ideal for automotive, motorcycle, light industrial, storage, or service use
- Located in established South Houston industrial corridor
- Convenient access to Hwy 3, I-45, Beltway 8, and Hobby Airport area
- Part of a three-property industrial portfolio available individually or as a package
- Seller financing available, subject to terms
- Package discount available for buyers acquiring multiple Illinois St properties
- Strong investment opportunity with current income and future upside
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