5020 SF of Leasable space on a prime location. The property is located just few feet away from the light rail station and just minutes away from Downtown. New A/C, fresh paint, pre-wired for surveillance system, new doors and windows, new asphalt and the parking lot. Easy access to I45, 610 loop and Hardy Toll Road and US 59. This property was previously used as a Funeral Home but, could be used as office space, medical facility or other.
This is an excellent opportunity to own a large corner lot with a triplex in a fast-developing area. The owner occupies the main unit which is a 3 bed/2 baths. A tenant rents the second unit for $1,200 which is a 1 bed/1 bath. A family member occupies the third unit studio. There are multiple strategies that can be taken with this property. One, you can purchase the triplex and occupy the main home while renting the other two units. Two, demo the structure and construct multiple new homes. Three, lease the triplex and sub-divide the corner portion to build on now and wait to construct on the triplex section later. No matter if you go with any of these options or an idea of your own, this is
Discover breathtaking downtown skyline views from this prime location near Sherman Elementary School. 1501 Noble Street features five units spread across three buildings, offering incredible investment potential. With a motivated seller welcoming all offers, the property boasts a 5.4% cap rate and significant development opportunities. Conveniently located near major freeways, the University of Houston, Downtown Houston, and the Galleria, this historic 1935 home is a rare find. It's perfect for investors seeking a lucrative opportunity in a thriving area with new developments on the rise.