1000 McGowen is an exceptional opportunity to acquire a historically significant, mid-century modern structure in the heart of Houston’s most rapidly evolving urban district. With its gutted, asbestos-free condition and architectural distinction, the property is a blank slate positioned for high-impact redevelopment. Located within a designated Opportunity Zone offering significant tax advantages, the asset delivers compelling financial upside in addition to its redevelopment potential. Surrounded by over 1,000 luxury apartment units within walking distance, it benefits from a built-in, high-income customer base ideal for retail, hospitality, or creative office concepts. Adding to its appeal, a nearly 1-acre parking lot directly adjoining the property may also be acquired at favorable terms through the seller’s relationship with the lot owner, creating a rare chance to expand the site’s footprint and long-term potential. Whether re-imagined as boutique hospitality, adaptive reuse, or next-generation office space, 1000 McGowen is uniquely positioned in a walkable, high-growth corridor steps from Downtown and the Metro Rail.