MC Optical 3221 Fannin St

3221 Fannin St , Houston, Texas, 77004 | 5,040 sq.f | $ 999,999

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About This Restaurant

Investment Highlights

On Busy street of Fannin Great for Restaurant, Optometry , Specialized Dentistry, or Medical office Corner Lot High appreciation with current on-going construction projects

Executive Summary

OWNER FINANCING AVAILABLE! SEE BELOW FOR MORE DETAILS!Perfect for restaurant Conversion. 2 stories building 5,040 sf total on This corner lot (5,000 sf) on Fannin Street offers high visibility and would also be ideal for a medical office, optometry clinic, or specialized dentistry. The second floor of the building can also be used as a living space. Very close to downtown high-rise buildings. Additionally, the recently constructed high-rise apartments across the street could generate substantial traffic making it a great investment opportunity?very strong potential for appreciation as you can see ongoing construction around this property.Showing by appointment ONLY. NDA & POF will be required.OWNER FINANCING 4.7% with 30% DOWN3-Year BalloonAvailable parking: 7 spaces.2 front (street parking)3 side (street parking, after construction completion)2 back (on property parking)Retail parking lot across Fannin St.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Office Office General Retail Bar General Retail Restaurant Office Medical Office
  • Building Size    5,040
  • Building Class    C
  • Year Built    1948
  • Price    999,999
  • Price Per SF    198
  • Percent Leased    Vacant
  • Building Height    2 Stories
  • Typical Floor Size    2,750
  • Building FAR    1.05
  • Land Acres    0.11 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Signage
  • Air Conditioning
  • Smoke Detector

Property Taxes

Parcel Number 0191930000006 Improvements Assessment $375,000
Land Assessment $112,292 Total Assessment $487,292
Date Created: 2024-07-16 04:23:42 Last Updated: 2024-07-16 04:23:42
Address: 3221 Fannin St , Houston, Texas, 77004