Marcus & Millichap is pleased to present the exclusive listing of USNB, a 12-story historic landmark in downtown Galveston, Texas. Originally constructed in 1925 as the United States National Bank, the property was fully redeveloped in 2020 into a luxury mixed-use asset featuring 61 multifamily units and two retail spaces, including a long-term Frost Bank tenancy. USNB offers transferable tax abatements with a 35% city tax reduction and frozen valuation through 2032, providing exceptional long-term savings. Investors benefit from a below-market 3.83% assumable agency loan and potential to repurpose retail space or pursue condo conversion for future flexibility. Positioned near the Port of Galveston, UTMB Health, and major island attractions, USNB combines historic prestige with durable income and strong investment fundamentals.