Conroe, TX Retail Property For Sale

Great Downtown Conroe revitalization area - 2 brick buildings built in 1940. This listing is for 2 adjacent buildings. The larger of the two has two levels and a massive manufacturing/warehouse area. The building maintains some of it's original charm and character including a wide arched interior roof line, an inner office with an unusual curved wall and lots of exposed brick. The building is wired for 483 phase, 509 amps as well as 220 single phase. The front entry has 2 large glass doors and glass side panels. There are several spaces currently carved out as offices. The larger section of this building is set up as a manufacturing/warehouse facility. It includes a double-wide commercial Overhead brand roll-up door and 2 single commercial roll-up doors.

Prime commercial tract on Hwy 105 West. Just under an acre w/200 feet of frontage. Two building on the property. Building #1 offers 3 showrooms, 7 offices, 4 bathroom, kitchen, breakroom ,meeting room, reception area, storage & has great flexibility w/the layout. Building #2 is currently being used as a hair .Also available for lease.

•Established Franchise

•1,500 SF Facility (Leased)

•4 Employees

•Inventory Included

•Furniture, Fixture, & Equipment Included

Fantastic opportunity to own a very well-established Lake Conroe restaurant and sports bar buildng. The property features a 5,156 SF indoor Restaurant and Sports Bar and over 10,000 SF of outdoor patio and play ground, volley ball court and dock. Fully equipped kitchen, bar and restaurant, perfect setting for hosting families, individuals and large groups. Fully remodeled in 2017/2018. Located on the shores of Lake Conroe next to Lake Conroe Park on Highway 105. Current lease expires in 2023.. Please do not disturb the tenant. Showings by appointment only.

The #1 destination in the fastest growing city in the US is Papa's on the Lake! For over 20 years, Papa's has entertained people from across the US. Business has never been better. This is for well-funded serious investors only!

Additional acreage available next door that may be combined to re-develop into a "Boardwalk" type destination with restaurants, retail and a resort hotel.

Tool Time, a well-established Conroe establishment features a 3872 sf Bar with a 1653 sf covered patio, perfect for your next outing, gathering with friends, watching the game. In very good condition, Tool Time features multiple bars, a stage regularly featuring Karaoke, dance floor and a large covered outdoor patio seating area. What’s more? You can expand or create an outdoor venue on the 2-acre tract!

Additional revenue stream are provided by two (2) Single family rentals both with long tenured tenants and there is even 1 AC of additional land for development or expansion.

+±1,287 SF second generation space

+Rental Rate: $18 PSF Gross

+Monument signage available

+“As-Is” deal

• Great Location & Visibility, Access to I-45 & SH 242

• SH 242 (College Park Dr) is the main medical corridor of The

Woodlands. St. Luke’s, Texas Children’s and Houston Methodist

Hospitals as well as M.D. Anderson Cancer Center (under

construction) are in the immediate trade area.

• College Park: 46,000 vpd

•5,000 SF on 1.8 Acres

•75% Occupied

•Minutes from Highway 59 , 242 & New Master Planned Community Artavia

•Value Add + Path of Progress

Fully Equipped Restaurant/ Bar / Special Event Center w/ acreage

Prime corner of I 45 S & FM 1488.

Turnkey site with "new" kitchen equipment; fully furnished with 74 available large screen televisions, security system with cameras, tables, chairs, service ware, etc.

PROPERTY HIGHLIGHTS

• Additional acreage; combined +/- 15.41 Acres (Please inquire)

• Mezzanine for private parties or overflow w/ upstairs management office

• Large private patio for guests or events

• Two dressing rooms with shower facilities and lockers

• Walking distance to multiple expansive townhome / apartment complexes

• Area void of competition

• Adjacent to soccer fields, motocross track, and large under serviced subdivisions with great growth projections

- Tenant Trade Name: CST Stations Texas

- Initial Lease Term: 15 Years

- Lease Type: Absolute Net Ground Lease

- Roof / Structure Responsibility: Tenant

- Rent Commencement Date: 1/12/2017

- Renewal Options: Four- 5 Yr Periods

- Increases: 12% after Year 5

Call Tracey Kerr for details. 832-732-2616

253 ft of Frontage on Hwy 105 with existing curb cut and driveway. Circular driveway on Greenway Dr. Lot is situated next to CVS Pharmacy on high traffic SE corner of HWY 105 and Loop 336N and is surrounded by Commercial Properties. Close to Conroe HS, Conroe Regional Med Center, multiple financial and retail facilities. Existing 1 story home, 3185 SF, 3/2/2. Subdivision has residential use restriction. Buyer to perform due diligence during feasibility period to determine potential use/application.