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121 St Emanuel St

7,500 SF 4-Star Light Industrial Building Houston, TX 77002 £3,910,549 (£521/SF)

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Investment Highlights

Ideally located on the edge of Downtown in Eado and fully remodeled in 2020
6,000 sq.ft. of office space, 1,500 sq.ft. of living space and 4,500 sq.ft. of rooftop terrace that provides sweeping views of Downtown

Open air sports court offers numerous possibilities for different uses

Executive Summary

Located in the shadows of Downtown, just 2 blocks from Minute Maid Park and 4 blocks from Shell Energy Stadium, this one-of-a-kind Art Deco Building was originally constructed in 1948 for The Gribble Stamp & Stencil Co., in 2020 the space was fully re-imagined creating 6,000 +/- sq.ft. of Class A office space and 1,500 +/- sq.ft. of residential space. As one of only 15 recipients of a 2022 Good Brick Award from the Houston Preservation Society, this award-winning transformation offers an unparalleled opportunity for a multitude of uses and a rare chance to secure a front row seat to the Downtown of the 2030's and beyond.
TxDOT is slated to begin reconstruction of the Highways (45/59/288/I-10) around Downtown in 2024 including placing all Highways underground directly across the street from 121 St. Emanuel. Once completed, only open ground level green spaces will separate this site from the Downtown skyline

121 St. Emanuel -Brochure-

Property Facts

Price	£3,910,549	Number of Floors	2
Price Per SF	£521	Year Built	1948
Sale Type	Investment or Owner User	Tenancy	Single
Property Type	Light Industrial General Retail Bar General Retail Storefront Retail/Residential Office Office Live Work Unit	Parking Ratio	2/1,000 SF
Building Class	A	Level Access Doors	1
Lot Size	0.54 AC	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.
Rentable Building Area	7,500 SF

Price	£3,910,549
Price Per SF	£521
Sale Type	Investment or Owner User
Property Type	Light Industrial General Retail Bar General Retail Storefront Retail/Residential Office Office Live Work Unit
Building Class	A
Lot Size	0.54 AC
Rentable Building Area	7,500 SF
Number of Floors	2
Year Built	1948
Tenancy	Single
Parking Ratio	2/1,000 SF
Level Access Doors	1
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.