907 Preston AvePasadena, TX 77503

For Sale
$2,875,000

4.5 Acres, 7 Buildings, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 4.5+ acre commercial property in Pasadena, Texas, presents a unique investment opportunity. The property includes seven buildings: a church, dormitory, classrooms, a large multi-purpose building (featuring a commercial kitchen, dining room, and gym), and a two-story house. This versatile complex is ideally suited for a variety of uses, including a church, school, rehabilitation center, or light manufacturing facility. Its expansive size makes it particularly attractive to contractors or construction companies, offering ample space for building expansion, vehicle storage, and material warehousing. The property benefits from plenty of parking, completely fenced improvements, and convenient frontage on Preston Road and South Street. The existing tax-exempt status for non-profit organizations provides significant financial advantages. The asking price is $2,875,000. The property is currently vacant and offers significant potential for redevelopment or continued use in its current configuration. This is a rare opportunity to acquire a substantial multi-use property in a desirable Texas location. The property is zoned for commercial, industrial, and multi-family uses.

Highlights

  • $2,875,000 asking price.
  • 4.5-acre lot in Pasadena, TX.
  • Seven buildings including a church, dormitory, classrooms, large multi-purpose building, and a two-story house.
  • Suitable for various uses including church, school, rehab center, light manufacturing, or contractor/construction company.
  • Features ample parking, fenced improvements, and frontage on Preston Rd and South St.
  • Tax-exempt status available for non-profits.

Property Details for 907 Preston Ave

Property type
Multifamily properties, Other mixed-use properties
Buildings
7
Lot Size (sq. ft)
196,020 SF

Location Insight

City
Pasadena
County
Harris
State
Texas
Latitude
29.6963294
Longitude
-95.1724327
907 Preston Ave, Pasadena, Texas

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907 Preston Ave
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