Description
Prime for re-develop to shopping center, self-storage, apartment complex or motel, OR collect the rent now and redevelop later. Owner is over 70yrs old and want out. The property is comprised of 5 adjacent lots ( lot 14-18 ), with approx 325 feet of frontage with corner at Lavender st. Two buildings ( 4609 & 4625, lot 14, 17 & 18, size of building per hcad is 5194sf and 3360sf ) are still fuctioning. 4609 building need approx 40-50k to renovate to be rentable. Last rented in 2023 for $2300/month and is seeking tenant at this moment, 4625 is currently rented out as convenience store at $2000/month. TO BE SOLD AS_IS, WHERE IS no repairs will be done by sellers. Because of traffic increse, the road in the front had been re-paved to 4 lanes throughfare and has great potential. Only 1/2 mile from Freeway 59.
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0BEDS
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1.65ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Prime for re-develop to shopping center, self-storage, apartment complex or motel, OR collect the rent now and redevelop later. Owner is over 70yrs old and want out. The property is comprised of 5 adjacent lots ( lot 14-18 ), with approx 325 feet of frontage with corner at Lavender st. Two buildings ( 4609 & 4625, lot 14, 17 & 18, size of building per hcad is 5194sf and 3360sf ) are still fuctioning. 4609 building need approx 40-50k to renovate to be rentable. Last rented in 2023 for $2300/month and is seeking tenant at this moment, 4625 is currently rented out as convenience store at $2000/month. TO BE SOLD AS_IS, WHERE IS no repairs will be done by sellers. Because of traffic increse, the road in the front had been re-paved to 4 lanes throughfare and has great potential. Only 1/2 mile from Freeway 59.