Owner Financing Available 3221 Fannin St

5,040 SF 100% Leased Office Building Houston, TX 77004 $1,000,000 ($198/SF)

INVESTMENT HIGHLIGHTS

  • On Busy street of Fannin
  • Great for Restaurant, Optometry , Specialized Dentistry, or Medical office
  • Corner Lot
  • High appreciation with current on-going construction projects

EXECUTIVE SUMMARY

Prime Commercial Property with Owner Financing Available
This versatile 2-story building, located on a highly visible corner lot at Fannin Street, offers 5,040 square feet of total space on a 5,000-square-foot lot. With its prime location near downtown and newly constructed high-rise apartments, this property presents an excellent investment opportunity. Ideal for various uses, including a restaurant conversion, medical office, optometry clinic, or specialized dentistry practice, the building also features a second floor that can be utilized as a living space. The area is seeing substantial growth and development, ensuring strong potential for appreciation as nearby construction continues. Don't miss out on this opportunity to secure a high-traffic location with flexible owner financing options. Whether you're expanding your business or looking for a high-potential investment, this property offers endless possibilities.
OWNER FINANCING 4.75% with 20% DOWN
5-Year Balloon
Available parking: 7 spaces.
2 front (street parking)
3 sides (street parking, after construction completion)
2 back (on-property parking)
Retail parking lot across Fannin St.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,040 SF
Building Class
C
Year Built
1948
Price
$1,000,000
Price Per SF
$198
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
2,750 SF
Building FAR
1.05
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
commercial - no zoning
Parking
7 Spaces (1.27 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Air Conditioning
  • Smoke Detector
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (80)

PROPERTY TAXES

  • Listing ID: 34580403

  • Date on Market: 1/23/2025

  • Last Updated:

  • Address: 3221 Fannin St, Houston, TX 77004