92% Occupied Downtown Highly Creative Warehouse-Office Conversion

Highlights

• 33,000 Square Feet of Potential Upside on 1st Level - Retail or Office
• 2.2+ Acres in Downtown Houston
• Newly-redesigned interior
• 90%+ Occupancy almost constantly for the past 10 years

Description

Lumicre is pleased to present 1113 Vine Street, a 92% occupied, recently redesigned and retenanted 101,140 SF high-quality historic office facility strategically located in the bustling heart of downtown Houston, America's fourth-largest city. The property boasts 66,000SF of activated square footage on Levels 2 & 3, with 33,000SF of upside potential on Level 1 for either office or retail conversion. In-place NOI of $878,616.
With an 92% occupancy rate, this sought-after property is a base for some of Houston's top-tier companies spanning various industries. Its central location offers unrivaled convenience, being in close proximity to major highways—Interstate 10, 45, and 59—making it easily accessible for both tenants and visitors alike.
The building is available for investment sale or owner-user/redeveloper use due to redevelopment/condemnation clauses within leases.
This asset, which offers a generous 100,000+ square feet of space, is currently available for offers. The property's size and layout meet modern businesses' needs, providing a creative working environment. The building, constructed in 1917, adds to its allure by offering historical significance and modern amenities. Its storied past and strategic location make it a unique and valuable addition to Houston's commercial real estate market.
100+ year-old timber structure with brick cladding

All timberl and brick historical building located in downtown Houston, abutting the property of the University of Houston-Downtown's School of Business.