2014 Commonwealth St, Houston, TX 77006

$2,749,000

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List Price
$2,749,000
Status
ACTIVE
MLS#
47446509
Days on Market
22
Lot Size
24,178
Area
16

Property Description

RARE OPPORTUNITY to acquire a contiguous assemblage of FIVE parcels totaling approximately 0.56 ACRES in the heart of MONTROSE. The property includes FOUR income-producing commercial buildings totaling approximately 10,750 SF, along with one undeveloped lot—offering immediate cash flow with significant upside for redevelopment, owner-user use, or long-term hold.This prime site is surrounded by UPSCALE residential, boutique retail, and walkable dining, with easy access to Downtown, the Texas Medical Center, Museum District, Hermann Park, and the Ion District. The portfolio currently can generate approximately $17,200//MONTH in rental INCOME, allowing investors to hold the asset while working through project plans, entitlements, and preliminary development without carrying vacant land. With neighboring townhomes trading for over $1M and a significant influx of growth throughout Montrose, this site is positioned in a high-demand area ideal for luxury residential or mixed-use development!

Additional Information

Region
16
School District
Houston
Elementary School
Baker Montessori School
High School
Lamar High School (Houston)
Middle School
Lanier Middle School
Sewer
Public Sewer
Street Name
Commonwealth St
Street Number
2014
Neighborhood
Montrose
Water
Public
Acres
0.55
County
Harris
Lot Description
Corner Lot, Other, Split Possible

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Listing courtesy of Atlas Real Estate. Contact:

Listing courtesy of Zain Momin from Atlas Real Estate. Contact: