1110 Paige St Local d'activités 1 742 m² À vendre Houston, TX 77003

The investment represents a tremendous upside.
The subject is offered at a fair price per square foot to the buildings.
Current lease expires in April 2026. Landlord and Tenant have the option to extend or terminate. Current rent is at or below market which represents a tremendous upside when the property is leased at adjusted to market rates.
Irreplaceable building in good move in condition for a prospective new owner.
Property is located in the shadow of the Houston CBD/Downtown, within a short distance from the Toyota Center, Daiken Park, George R. Brown Convention Ctr & the Houston Center. METRO has a Light Rail stop a couple of blocks away.
Neighborhood is rife with new retail and residential developments. The property is located in the East Downtown Management District (EaDo), in a very high traffic location
The property has great visibility and easy access surrounding freeways and Downtown Houston.
The subject site has multiple curb cuts with direct access Paige, Dallas Street, and Lamar Street.
The subject has 250 feet of frontage from Paige Street, 195 feet of frontage on Dallas Street, and 100 feet of frontage on Lamar (all 80-foot-wide right-of-ways).
2024 population within a 5-mile radius from the subject property exceeded 464,700 with the projected average household income being at or over $100,000.
Daytime employment close to 500,000 and rising within a 5-mile radius from the subject property.
Ample Parking is Available. There are no parking ratio requirements in the East Downtown District where the subject property is located.
The subject, as a covered land play, represents a tremendous redevelopment opportunity.