309 TRAVIS Vacant Historic Redevelopment Opportunity
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309 TRAVIS Vacant Historic Redevelopment Opportunity MARKET SQUARE PARK • HOUSTON, TEXAS ASSET PROFILE Building Square Footage: 3,960 SF (Expandable to 5,000 SF) Parcel Size: 2,500 SF Stories: Two Occupancy: Vacant – Owner/User Opportunity Built: 1890 25’ Fronting Travis and Market Square Frontage: Park Opportunity Zone: Yes Historic District: Yes - Contributing Structure WALKING SCORE TRANSIT SCORE 90 100 Source: CoStar PROPERTY HIGHLIGHTS ARIS MARKET SQUARE • Redevelopment Opportunity in the Historic District of Downtown Houston (APARTMENTS) HOTEL ICON MAIN ST • Rare Property Fronting Market Square Park • Opportunity Zone Redevelopment Potential – allowing investors/developers the potential to defer or avoid capital gain taxes BAYOU THE RICE LOFTS (APARTMENTS) (CONDOS) • Quaint and Historic Architectural Appeal – Built in 1890 • Eligible for Federal & State Historic Tax Credits FRANKLIN ST • Historic District location features: HERMANN TRAVIS ST » Downtown’s finest and newest multifamily towers (Aris Market Square LOFTS (CONDOS) HINES & Market Square Tower) OFFICE (UC) » Downtown’s highest concentration of bistros, coffee shops, cozy restaurants and bars PRESTON ST » Market Square Park, a full city-block park featuring a dog run, green space, live FUTURE OFFICE music, movie nights, bike rentals, and an authentic Greek and American café MARKET SQUARE PARK TOWER » Unmatched Connectivity – one block from Metro Light Rail CONGRESS AVE (Transit Score = 100) PRICING MILAM ST Contact brokers for pricing. MARKET SQUARE TOWER (APARTMENTS) ARIS MARKET SQUARE (APARTMENTS) HOTEL ICON MAIN ST BAYOU THE RICE LOFTS (APARTMENTS) (CONDOS) FRANKLIN ST HERMANN TRAVIS ST LOFTS (CONDOS) HINES OFFICE (UC) PRESTON ST FUTURE OFFICE MARKET SQUARE PARK TOWER CONGRESS AVE MILAM ST MARKET SQUARE TOWER (APARTMENTS) BROKERS TODD CASPER MIKE HASSLER BRIAN ASHBY DESIREE WOLTERS +1 713 787.1945 +1 713 577.1736 +1 713 577.1753 +1 713 577.1546 [email protected] [email protected] [email protected] [email protected] For additional information regarding this opportunity, please visit www.cbre-309travis.com. © 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited..