2101 Mechanic St - Office FOR SALE


Galveston, TX 77550- Downtown Galveston
$2,350,000 USD
409-761-4107
2101 Mechanic St, Galveston, TX for Sale
$2,350,000 USD
Office - FOR SALE
1/19
null | Request Cap Rate

2101 Mechanic St
Galveston, TX 77550
Downtown Galveston


HIGHLIGHTS

  • Hardwood Floors
  • Adjacent to Parking Garage
  • Soaring Windows
  • New Elevator (2024)

OVERVIEW

The Marine building was built in 1875. In 2015, the roof, HVAC Units, HVAC duct work, ceilings and lighting were replaced. The building features slate floors on the first floor and hardwood floors throughout the second floor. The building contains large office suites on the first floor along with three executive suites that share a conference room and coffee bar. The second floor contains 21 executive suites with a common reception area, waiting areas, along with access to three shared conference rooms and a shared kitchen. Utilities, night cleaning and trash removal are included. This building is located on the corner of 21st and Mechanic Streets in the historic downtown district. A parking garage and surface lot are adjacent to the building managed by a third-party, professional management company.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marine Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1875

SPRINKLERS

-

PARKING SPACES

525

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

CB-H

APN/PARCEL ID

3505-0561-0006-000

ASK ABOUT THIS PROPERTY

Joseph RozierMitchell Historic PropertiesMore Info
409-761-4107

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Joseph RozierMitchell Historic PropertiesMore Info
409-761-4107

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