2228 Mechanic St - Office FOR SALE


Galveston, TX 77550- Downtown Galveston
$4,250,000 USD
409-761-4110
2228 Mechanic St, Galveston, TX for Sale
$4,250,000 USD
Office - FOR SALE
1/19
null | Request Cap Rate

2228 Mechanic St
Galveston, TX 77550
Downtown Galveston


HIGHLIGHTS

  • Prime Downtown Location
  • Home to the Galveston Regional Chamber of Commerce
  • Adjacent to the Tremont House Hotel
  • Full-Service Restaurant On-Site

OVERVIEW

Originally constructed in 1873 as a prominent hotel, this iconic Galveston property represents a rare investment opportunity combining historic significance with stable commercial occupancy. Following a devastating fire in 1985, the building was meticulously reconstructed by Mitchell Historic Properties, preserving its historic character while adapting the interior for modern office and commercial use. The property features established ground-floor retail space currently occupied by The Garden Thai Cuisine, creating an active street-level presence and consistent tenant appeal. The building is also anchored by respected community institutions, including the Galveston Regional Chamber of Commerce and the Galveston Visitors Center, enhancing its visibility and prominence within the market. Strategically located in the heart of Galveston, this well-maintained asset offers investors the opportunity to acquire a historically significant property with a diverse tenant mix, strong community presence, and long-term income potential. The combination of architectural distinction, established occupancy, and irreplaceable historic character positions this property as a unique addition to any commercial real estate portfolio.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Washington Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1873

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

HCBD

APN/PARCEL ID

3505-0622-0012-000

ASK ABOUT THIS PROPERTY

Keisha HeckMitchell Historic PropertiesMore Info
409-761-4110

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Keisha HeckMitchell Historic PropertiesMore Info
409-761-4110

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