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COMMONWEALTH ST - PORTFOLIO SALE 3 Office Properties Offered at $3,940,419 CAD in Houston, TX
Investment Highlights
- Surrounded by upscale residential communities, boutique retail, and walkable dining destinations
- Centrally located with convenient access to Downtown, the Texas Medical Center, Museum District, Hermann Park, and the Ion District
- Well suited for both short-term value-add execution and long-term hold strategies
Executive Summary
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!
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Property Facts
| Price | $3,940,419 CAD | Number of Properties | 4 |
| Price / SF | $369.09 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 10,676 SF |
| Status | Active | Total Land Area | 0.32 AC |
| Price | $3,940,419 CAD |
| Price / SF | $369.09 CAD / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 10,676 SF |
| Total Land Area | 0.32 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2014 Commonwealth St, Houston, TX 77006 | Office | 6,000 SF | 1932 | - |
| 2006 Commonwealth Dr, Houston, TX 77006 | Office | 2,626 SF | 1932 | - |
| 2010 Commonwealth St, Houston, TX 77006 | Office | 2,050 SF | 1935 | - |
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