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Investment Highlights

  • 5 Year Triple Net lease, 7% Cap Rate

Executive Summary

Established bar/restaurant

Attachments

1916 Baldwin St

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
9,622 SF
Building Class
B
Year Built
1930
Price
$5,189,508 CAD
Price Per SF
$539.34 CAD
Cap Rate
7.37%
NOI
$382,385 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.42
Lot Size
0.52 AC
Zoning
None - N/A
Parking
35 Spaces (3.64 Spaces per 1,000 SF Leased)
Frontage
290’ on Pierce Street

Amenities

  • Corner Lot
  • Courtyard
  • Fenced Lot
  • Restaurant
  • Security System
  • Air Conditioning
  • Balcony
Exceptionally walkable
90/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
60/100

Nearby Major Retailers

Starbucks
Frost National Bank
Freddy's Frozen Custard & Steakburgers
Benihana
Blimpie
Truist
Gloria's Latin Cuisine
Bonchon
Gyu-Kaku Japanese BBQ
Zalat Pizza

Property Taxes

Property Taxes

Parcel Number
1383310010001
Land Assessment
$1,843,559 CAD
Improvements Assessment
$2,156,421 CAD
Total Assessment
$3,999,980 CAD
  • Listing ID: 37929575

  • Date on Market: 2024-11-20

  • Last Updated:

  • Address: 1916 Baldwin St, Houston, TX 77002

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