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Martin Luther King- Vacant Lot 10601 Martin Luther King Blvd 1,750 SF Retail Building Houston, TX 77048 $776,253 CAD ($443.57 CAD/SF)



Investment Highlights
- Transferable Beer and Wine License.
- West of Hobby Airport.
- Corner lot on very busy intersection (Airport and MLK Blvd.)
Executive Summary
This rare opportunity allows savvy investors to expand their portfolio with this stratigically located hard corner lot. (THE COMMING SOON SIGN IS OLD AND THERE IS NO SALE PENDING)
-Transferable beer and wine license
-Located on a large corner lot on Martin Luther king Blvd and Airport Blvd
-Boasts direct frontage (138 LF) to Airport Boulevard with exposure to ~9,000 passing vehicles each day
-Boasts direct frontage (120 LF) to MLK Boulevard with exposure to ~14,000 passing vehicles each day
-Located west of Hobby Airport
-Very busy intersection
Feasibility study report completed in 2021 with projected volume and sales.
Phase II Environmental Site Assessment Report completed in 2021 (Clean)
-Transferable beer and wine license
-Located on a large corner lot on Martin Luther king Blvd and Airport Blvd
-Boasts direct frontage (138 LF) to Airport Boulevard with exposure to ~9,000 passing vehicles each day
-Boasts direct frontage (120 LF) to MLK Boulevard with exposure to ~14,000 passing vehicles each day
-Located west of Hobby Airport
-Very busy intersection
Feasibility study report completed in 2021 with projected volume and sales.
Phase II Environmental Site Assessment Report completed in 2021 (Clean)
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
1,750 SF
Year Built
1965
Price
$776,253 CAD
Price Per SF
$443.57 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.48 AC
Opportunity Zone
Yes
Zoning
None
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Vacant space with lots of possibilities ( cofffee shop, mechanic shop, tire shop, etc ) Wine and beer license grandfathered in and can be transfered. Contact for price
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,750 SF | Retail | - | Now |
1st Floor
| Size |
| 1,750 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,750 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Vacant space with lots of possibilities ( cofffee shop, mechanic shop, tire shop, etc ) Wine and beer license grandfathered in and can be transfered. Contact for price
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 0913750000009 | Improvements Assessment | $90,962 CAD |
| Land Assessment | $348,287 CAD | Total Assessment | $439,250 CAD |
Property Taxes
Parcel Number
0913750000009
Land Assessment
$348,287 CAD
Improvements Assessment
$90,962 CAD
Total Assessment
$439,250 CAD
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Martin Luther King- Vacant Lot | 10601 Martin Luther King Blvd
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