314-479-1646
100 N Main St, Galena Park, TX for Sale
Storefront - FOR SALE
1/14
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100 N Main St
Galena Park, TX 77547


HIGHLIGHTS

  • Prime location in the heart of Galena Park just 12 minutes east of downtown Houston.
  • Over 14,000 sq. ft. of flexible space, including 4 halls for varied event sizes. Ideal for retail or commercial use with flexible zoning and multiple
  • Fully subdivided with each unit having its own address, electricity, and water meters for ease of operation.
  • Well-established Event Center currently generating substantial monthly revenue from events.
  • Over $500,000 of recent capital investment to upgrade units with modern finishes and upgrades, new HVAC systems and a new roof (2022).
  • As part of the capital improvements, the Event Space was entirely reconstructed, currently in turnkey form.

OVERVIEW

The Galena Park Event Center offers an investment opportunity in the heart of Galena Park, Texas, with a total of 14,850 sq. ft. of versatile space spread across two stories. Located just 12 minutes from downtown Houston, this property is ideal for both retail and event center uses, attracting a range of tenants and customers from the surrounding area. The building features four distinct event halls, capable of accommodating both intimate gatherings and large-scale events such as weddings, graduations, and parties. With a flexible design and modern amenities, the Event Center generates steady monthly cash flows. Significant renovations have been made, including the installation of new HVAC systems and a new roof in 2022, ensuring long-term durability and minimal maintenance. The steel-frame structure features an exterior that was updated with a three-layer design: cinderblock interior, masonry middle, and a stucco exterior. This solid construction provides a sturdy foundation for any future tenants or events. The building also includes separate utilities for each unit, making it highly adaptable to different uses. The building’s zoning is not strictly defined, but its location in an active, urban area offers multiple opportunities for redevelopment or new business ventures. In addition to the Event Center, the building houses several commercial spaces, both vacant and occupied, offering substantial rental income potential. The existing tenants on N Main St currently provide stable cash flow, with $1,750 in monthly rent. The vacant spaces, including those at 1809 Clinton St, 18011 Clinton St, and 100 N Main St, have rental histories ranging from $1,250 to $3,000 per month, making them prime for leasing or reimagining. The property comes with a set of commercial-grade tables and chairs, as well as a new commercial refrigerator, making it fully ready for operations, especially for any new events. The current setup and low operational costs, including affordable taxes and insurance, make this property a valuable investment in a growing area.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1944

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

N/AP, Harris

APN/PARCEL ID

0381070510001

ASK ABOUT THIS PROPERTY

John WolfnerBracket Real Estate, Inc.More Info
314-479-1646

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John WolfnerBracket Real Estate, Inc.More Info
314-479-1646

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.