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1241 Mercantile St
Richmond, TX 77406
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For Sale
$1,250,000
4
Day(s) on Market
3 Half Bath(s)
Townhouse/Condo - Townhouse
2,400
Built
Sqft./Seller
1,000
Lot
Sqft./Other
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| The first "incremental retail" building in Indigo Commons! A gorgeous three story mixed use building at the heart of Indigo and in the middle of the town center, Indigo Commons. Designed to house the marketing team and HOA for Indigo, this building is currently for sale while it is being built. The downstairs is a retail/hospitality space with a bar, plentiful windows, and opens onto a private patio space. The two floors upstairs are designed to be office spaces. The upstairs floors have been designed so that they can easily be converted to residential - with pipes in place to install sprinklers if needed. Each floor has approximately 700sq ft of usable space. |
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| MLS# | 4147530 |
| List Price | $1,250,000 ($521/Sqft.) |
| Listing Status | For Sale |
| Address | 1241 Mercantile St |
| City | Richmond |
| State | TX |
| Zip Code | 77406 |
| County | Fort Bend County |
| Subdivision | Indigo Commons Pt Rep 1 |
| Legal Description | INDIGO COMMONS PARTIAL REPLAT NO 1, ACRES 0.023, UNRESTRICTE |
| Property Type | Townhouse/Condo - Townhouse |
| Bath | 3 Half Bath(s) |
| Stories | 3 |
| Building Size | 2,400 Sqft/Seller |
| Architecture Style | Traditional |
| Year Built | 2026 /Seller |
| Lot Size | 1,000 Sqft/Other |
| Maintenance Fee | $192 / Monthly |
| Market Area | Fort Bend County North/Richmond |
| Master Planned Community | Indigo |
| Living | 1st |
| Media Room | 2nd |
| Media Room | 3rd |
| Dishwasher | No |
| Disposal | No |
| Compactor | No |
| Microwave | No |
| Heating | Central Electric, Heat Pump |
| Cooling | Central Electric |
| Ice Maker | No |
| Exterior Type | Brick, Vinyl |
| Area Pool | No |
| Private Pool | No |
| Water Sewer | Public Sewer, Public Water, Water District |
| Roof | Other |
| Foundation | Slab on Builders Pier |
| Front Door Face | East |
| Unit Location | Greenbelt, On Corner |
| Market Area Name | Fort Bend County North/Richmond |
| Home For Sales | 960 |
| Average List Price | $523,559 |
| Average Bedrooms | 3.83 |
| Average Baths | 2.69 |
| Average Sqft | 2,781 |
| Average Price/Sqft | $184.80 |
| Home For Lease | 339 |
| Average Lease | $2,589 |
| Average Lease/Sqft | $1.22 |