110 N Broadway St, #A, B, C, La Porte- Multi-Tenant… — Sale in La Porte, TX

  • Price: $699K
  • Listing type: For sale
  • Asset type: Office
  • Location: La Porte, TX 77571
  • Size: 5,040 SF
  • Year built: 1980

Photos

110 N Broadway St, #A, B, C, La Porte- Multi-Tenant… — Sale in La Porte, TX, photo 1 of 8
110 N Broadway St, #A, B, C, La Porte- Multi-Tenant… — Sale in La Porte, TX, photo 2 of 8
110 N Broadway St, #A, B, C, La Porte- Multi-Tenant… — Sale in La Porte, TX, photo 3 of 8
110 N Broadway St, #A, B, C, La Porte- Multi-Tenant… — Sale in La Porte, TX, photo 4 of 8
110 N Broadway St, #A, B, C, La Porte- Multi-Tenant… — Sale in La Porte, TX, photo 5 of 8
110 N Broadway St, #A, B, C, La Porte- Multi-Tenant… — Sale in La Porte, TX, photo 6 of 8
110 N Broadway St, #A, B, C, La Porte- Multi-Tenant… — Sale in La Porte, TX, photo 7 of 8
110 N Broadway St, #A, B, C, La Porte- Multi-Tenant… — Sale in La Porte, TX, photo 8 of 8

Investment Figures

Cap rate
6.40%
Price per square foot
$139
Price per unit
$233,000 across 3 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Free-standing Office/Retail Complex with lots of on-site parking & in downtown La Porte, TX, at 110 N Broadway. General Commercial (GC) Zoning & currently used as an Office/Retail Complex. This building is well-suited for a wide variety of professional uses including Office, Retail, and/or Other. Close to Hwy 146/225, Port of Houston, Houston Shipping Channel, Bay Forest Golf Course, and in the heart of downtown La Porte with many food options within walking distance. RENT ROLL: Unit #A (1,000SF): Comm Lease: Re/Max Real Estate; Term: 01/01/2025 thru 12/31/2026: ($1,000/MO Base Rent + $500/MO NNN) = $1,550/MO Unit #B (1,000SF): Comm Lease: Shipyard Logistics Company; Term: 04/25-04/26 ($1,000/MO Base Rent + $500/MO NNN) = $1,500/MO Unit #C (3,040SF): Comm Lease: Drug Testing related Contractor; Term: 01/01/2025 thru 12/31/2026 ($2,500/MO Gross Lease) = $2,750/MO Total Projected Gross Income: $5,500/month x 12-months = $69,600/YR LANDLORD EXPENSES: Tax Rate: 2.4475% ($541,390 Assessed Value 2025, $13,250/YR) TWIA Texas Windstorm Insurance: $5,971.00/YR WWLG Building Insurance: $4,716/YR Maintenance: $1,200.00/YR (Landscaping) Miscellaneous: As Needed TOTAL EXPENSES: $25,137 TENANT(S) EXPENSES: Utilities Historic Bills (Per Seller) & Tenants to pay all utility bills moving forward as of 01/2025: Electricity approximately $200.00/month. There are 2 A/C/heat units and it depends on whether they use both. Water/sewer $80.00/month Internet – depends on provider, but what we currently have with AT&T is $105.00/month $69,600 GOI - $25,137 EXPENSES = $44,463 NOI/$699,000 = 6.4% CAP Rate La Porte, Texas is a picturesque city located in Harris County, along the scenic shores of Galveston Bay. With its rich history, natural beauty, and close-knit community, La Porte offers residents a wonderful blend of coastal living and small-town charm. One of the standout features of La Porte is its stunning waterfront location. The city is blessed with miles of shoreline, providing residen

Market Context

This office in La Porte, TX is listed for sale at $699,000 across 5,040 SF ($139/SF). It is offered at an approximate 6.4% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1980. Compare it against other office listings for sale in La Porte, TX — view the full market.

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