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.
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