2612 Riverside Dr, Houston, TX 77004

$2,600,000

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List Price
$2,600,000
Status
ACTIVE
MLS#
15385669
Price Change
▼ $400,000 1779331957
Days on Market
251
Style
Patio Home
Lot Size
32,021
Lot Size Source
Appraiser
Subdivision
Riverside Terrace Sec 05
Region
4
Market Area
Riverside
County
Harris

Property Description

2612 Riverside Drive provides a very rare opportunity for a developer or investor to purchase a single tract of land with 32,021 sq. ft. in the heart of the city. Formerly, this property operated as a 41 unit motel and also includes a separate retail space which was formerly a hair salon. This area has seen tremendous new construction & redevelopment all around including the neighboring lot (23K sq. ft.) which was replatted for 12 townhouses of which all have sold. The property is situated 1 block from Highway 288, 2 blocks from a HEB grocery store and less than 10 minutes from both Downtown & the Texas Medical Center. Major universities including Rice, Texas Southern, University of Houston and St. Thomas are located within a close vicinity as well.

Additional Information

Finance Available
Cash, Conventional, Investor Financing, Other
Taxes
$38,291
Neighborhood
Riverside
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available
Lot Description
Open Lot, Other, Subdivision, Split Possible
School District
Houston
Elementary School
Lockhart Elementary School
Middle School
Cullen Middle School (Houston)
High School
Yates High School

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Womack Development & Investment Realtors.