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Investment Highlights

  • Located within Houston's established Montrose district.
  • Surrounded by restaurants, retail, residential, and office uses.
  • Premier Freestanding Retail Oppurtunity with dedicated parking
  • Convenient access to Downtown Houston and major employment centers.
  • Positioned within Houston's Inner Loop commercial market.

Executive Summary

1841 Richmond Avenue presents a rare opportunity to acquire a freestanding retail building in one of Houston's most established and supply constrained commercial corridors.Situated in the heart of Montrose this property combines excellent visibility , 13 dedicated parking spots as well as extensive infrastructure including a 1000 gallon grease trap, commercial kitchen and walk in cooler and freezer while maintaining the flexibility to accommodate a wide variety of retail, medical and commercial uses.
The surrounding area features a mix of residential density, office users, neighborhood retail, hospitality venues, and regional dining destinations, creating consistent activity throughout the day and evening. Accessibility to major thoroughfares including U.S. 59/I-69 and nearby connections to Downtown Houston and the Texas Medical Center further enhances the property's market reach.
Whether purchased by an owner-investor targeting a high demand infill market, the property offers a combination of location , functionality, and long term value that is rarely available
For investors and owner-users, the property's location within a mature infill trade area offers the benefits of limited land availability, established consumer demand, and proximity to some of Houston's most recognized neighborhoods. The combination of a standalone building, visibility along Richmond Avenue, and placement within an active mixed-use environment supports a variety of potential commercial uses.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,772 SF
Building Class
C
Year Built/Renovated
1998/2024
Price
$2,532,422 CAD
Price Per SF
$671.37 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.36
Lot Size
0.24 AC
Parking
13 Spaces (3.45 Spaces per 1,000 SF Leased)
Frontage
120’ on Richmond Ave
Exceptionally walkable
90/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100

Nearby Major Retailers

Trader Joe's
SouthState Bank
Chase Bank
Starbucks
H-E-B
Fleming's Prime Steakhouse & Wine Bar
Jason's Deli
Torchy's Tacos
Club Pilates
StretchLab

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0660870010001
  • 0660870010028
Land Assessment
$1,687,665 CAD
Improvements Assessment
$510,047 CAD
Total Assessment
$2,197,712 CAD
  • Listing ID: 41465135

  • Date on Market: 2026-07-28

  • Last Updated:

  • Address: 1841 Richmond Ave, Houston, TX 77098

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