Share This Listing

Message

940 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
39,396 SF
Building Class
B
Year Built/Renovated
1873/2015
Price
$5,908,647 CAD
Price Per SF
$149.98 CAD
Percent Leased
82%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
9,849 SF
Slab To Slab
12’
Building FAR
3.23
Lot Size
0.28 AC
Zoning
HCBD - Historic Central Business District also The Strand National Historic Landmark District

Amenities

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Property Manager on Site
  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Outdoor Seating
  • Air Conditioning
  • Balcony
  • Fiber Optic Internet
  • Smoke Detector

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 3rd Fl-Ste 306
  • 324 SF
  • Office
  • Full Build-Out
  • Now
  • 3rd Fl-Ste 308
  • 331 SF
  • Office
  • Full Build-Out
  • Now

This office is on a floor of executive suites that share a kitchen, restrooms, conference room and three furnished waiting areas. The building also features a full-service restaurant.

  • 3rd Fl-Ste 315
  • 406 SF
  • Office
  • Full Build-Out
  • Now

This large suite can easily accommodate more than one person.

  • 4th Fl-Ste 404
  • 357 SF
  • Office
  • Full Build-Out
  • Now

Single room executive suite with shared kitchen and restrooms. Common areas feature furnished reception/waiting areas.

  • 4th Fl-Ste 405
  • 349 SF
  • Office
  • Full Build-Out
  • Now

Single room executive suite with shared kitchen and restrooms. Common areas feature furnished reception/waiting areas.

  • 4th Fl-Ste 406
  • 376 SF
  • Office
  • Full Build-Out
  • Now

Single room executive suite with shared kitchen and restrooms. Common areas feature furnished reception/waiting areas.

  • 4th Fl-Ste 407
  • 378 SF
  • Office
  • Full Build-Out
  • Now

Single room executive suite with shared kitchen and restrooms. Common areas feature furnished reception/waiting areas.

  • 4th Fl-Ste 408
  • 378 SF
  • Office
  • Full Build-Out
  • Now

Single room executive suite with shared kitchen and restrooms. Common areas feature furnished reception/waiting areas.

  • 4th Fl-Ste 411
  • 393 SF
  • Office
  • Full Build-Out
  • Now

Single room executive suite with shared kitchen and restrooms. Common areas feature furnished reception/waiting areas.

  • 4th Fl-Ste 418
  • 309 SF
  • Office
  • Full Build-Out
  • Now

Single room executive suite with shared kitchen and restrooms. Common areas feature furnished reception/waiting areas.

  • 4th Fl-Ste 420
  • 2,971 SF
  • Office
  • Full Build-Out
  • Now

This Suite has seven private offices and a large file/copier room. It also features a private reception area. A private office could be made into a conference room.

Space Size Space Use Build-Out Available
3rd Fl-Ste 306 324 SF Office Full Build-Out Now
3rd Fl-Ste 308 331 SF Office Full Build-Out Now
3rd Fl-Ste 315 406 SF Office Full Build-Out Now
4th Fl-Ste 404 357 SF Office Full Build-Out Now
4th Fl-Ste 405 349 SF Office Full Build-Out Now
4th Fl-Ste 406 376 SF Office Full Build-Out Now
4th Fl-Ste 407 378 SF Office Full Build-Out Now
4th Fl-Ste 408 378 SF Office Full Build-Out Now
4th Fl-Ste 411 393 SF Office Full Build-Out Now
4th Fl-Ste 418 309 SF Office Full Build-Out Now
4th Fl-Ste 420 2,971 SF Office Full Build-Out Now

3rd Fl-Ste 306

Size
324 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

3rd Fl-Ste 308

Size
331 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

3rd Fl-Ste 315

Size
406 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

4th Fl-Ste 404

Size
357 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

4th Fl-Ste 405

Size
349 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

4th Fl-Ste 406

Size
376 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

4th Fl-Ste 407

Size
378 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

4th Fl-Ste 408

Size
378 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

4th Fl-Ste 411

Size
393 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

4th Fl-Ste 418

Size
309 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

4th Fl-Ste 420

Size
2,971 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

3rd Fl-Ste 308

Size 331 SF
Space Use Office
Build-Out Full Build-Out
Available Now

This office is on a floor of executive suites that share a kitchen, restrooms, conference room and three furnished waiting areas. The building also features a full-service restaurant.

3rd Fl-Ste 315

Size 406 SF
Space Use Office
Build-Out Full Build-Out
Available Now

This large suite can easily accommodate more than one person.

4th Fl-Ste 404

Size 357 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Single room executive suite with shared kitchen and restrooms. Common areas feature furnished reception/waiting areas.

4th Fl-Ste 405

Size 349 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Single room executive suite with shared kitchen and restrooms. Common areas feature furnished reception/waiting areas.

4th Fl-Ste 406

Size 376 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Single room executive suite with shared kitchen and restrooms. Common areas feature furnished reception/waiting areas.

4th Fl-Ste 407

Size 378 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Single room executive suite with shared kitchen and restrooms. Common areas feature furnished reception/waiting areas.

4th Fl-Ste 408

Size 378 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Single room executive suite with shared kitchen and restrooms. Common areas feature furnished reception/waiting areas.

4th Fl-Ste 411

Size 393 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Single room executive suite with shared kitchen and restrooms. Common areas feature furnished reception/waiting areas.

4th Fl-Ste 418

Size 309 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Single room executive suite with shared kitchen and restrooms. Common areas feature furnished reception/waiting areas.

4th Fl-Ste 420

Size 2,971 SF
Space Use Office
Build-Out Full Build-Out
Available Now

This Suite has seven private offices and a large file/copier room. It also features a private reception area. A private office could be made into a conference room.

Exceptionally walkable
90/100
Moderately drivable
60/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
3505-0622-0012-000
Land Assessment
$663,367 CAD
Improvements Assessment
$4,202,578 CAD
Total Assessment
$4,865,945 CAD
  • Listing ID: 28129646

  • Date on Market: 2023-04-03

  • Last Updated:

  • Address: 2228 Mechanic St, Galveston, TX 77550

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}