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218 W Texas Ave 218 W Texas Ave

2,900 SF Flex Building Baytown, TX 77520 $275,000 ($95/SF)

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Investment Highlights

Restaurant, Ice Cream Parlor, Bar and Entertainment Venue
Historical Arts District Incentives, Business Improvement Grants, Revitalization Incentive Zone

Skylights, Across from Town Square, Parade Route

Executive Summary

The property at 218 W Texas Ave, Baytown, TX 77520 sounds like a fantastic opportunity for a retail space, restaurant, or bar, especially given its prime location right across from the Baytown Town Square on Texas Ave. With skylights providing ample natural lighting and the potential availability of outdoor space next door, it offers great potential for attracting customers.
However, it's important to note that the building currently functions as storage and requires significant renovation. Rewiring and plumbing installation are necessary, and caution is advised regarding the second-floor stairs due to rotten wood.
Additionally, the city of Baytown offers various programs such as Business Improvement Grants and Revitalization Incentive Zones, which could provide financial assistance or incentives for revitalizing the property.
Overall, with the right vision, investment, and support from city programs, this building could indeed be transformed into a vibrant retail or entertainment venue that contributes to the revitalization of the area.

Roof Repair Receipt 218 W Texas Ave

Property Facts

Price	$275,000	Lot Size	0.05 AC
Price Per SF	$95	Rentable Building Area	2,900 SF
Sale Type	Investment or Owner User	No. Stories	2
Sale Conditions	Building in Shell Condition	Year Built	1927
Property Type	Flex	Tenancy	Single
Property Subtype	Light Manufacturing General Retail Restaurant General Retail Storefront Retail/Office OfficeLoft Creative Space	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	$275,000
Price Per SF	$95
Sale Type	Investment or Owner User
Sale Conditions	Building in Shell Condition
Property Type	Flex
Property Subtype	Light Manufacturing General Retail Restaurant General Retail Storefront Retail/Office OfficeLoft Creative Space
Building Class	C
Lot Size	0.05 AC
Rentable Building Area	2,900 SF
No. Stories	2
Year Built	1927
Tenancy	Single
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.