2014 Commonwealth Street, Houston, TX 77006

Property Description

RARE OPPORTUNITY to acquire a contiguous assemblage of FIVE parcels totaling approximately 0.56 ACRES in the heart of MONTROSE. The property includes FOUR income-producing commercial buildings totaling approximately 10,750 SF, along with one undeveloped lot—offering immediate cash flow with significant upside for redevelopment, owner-user use, or long-term hold.This prime site is surrounded by UPSCALE residential, boutique retail, and walkable dining, with easy access to Downtown, the Texas Medical Center, Museum District, Hermann Park, and the Ion District. The portfolio currently can generate approximately $17,200//MONTH in rental INCOME, allowing investors to hold the asset while working through project plans, entitlements, and preliminary development without carrying vacant land. With neighboring townhomes trading for over $1M and a significant influx of growth throughout Montrose, this site is positioned in a high-demand area ideal for luxury residential or mixed-use development!

Listing Status:

Active

Date Added:

April 20, 2026

Data Last Updated:

May 23, 2026 at 4:07AM

Listing Office:

Atlas Real Estate : 346-418-8229

Listing Agent:

Zain Momin : 1+346-418-8229

MLS ID:

98596488

Location

• Road/Access: Concrete
• Originating MLS: Houston Association of Realtors
• School District: 27 - Houston
• County: Harris

Lot

• Zoning: TRS 6 & 7A BLK 25 HYDE PARK0180250000006
• Current Use: Residential

Utilities

• Utilities: Natural Gas AvailableCable AvailableElectricity Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Houston Association of Realtors