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Income-Producing 6-Unit Value-Add Investment
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Auction #
500-1 -
Interior Space:
± 14,340 SF -
Lot Size:
±0.46 acres -
Transaction Fee:
5% (Min $25,000) -
Broker1%
Co-op:
Income-Producing 6-Unit Value-Add Investment
Retail Property For Sale in Galena Park, TX
100 N Main Street, Galena Park, TX 77547The Galena Park Event Center offers an investment opportunity in the heart of Galena Park, Texas, with a total of 14,850 sq. ft. of versatile space spread across two stories. Located just 12 minutes from downtown Houston, this property is ideal for both retail and event center uses, attracting a range of tenants and customers from the surrounding area. The building features four distinct event halls, capable of accommodating both intimate gatherings and large-scale events such as weddings, graduations, and parties. With a flexible design and modern amenities, the Event Center generates steady monthly cash flows.
Property Highlights:
-Well-established event center currently generating substantial monthly revenue from events
-Value-add opportunity through leasing vacant units
-Prime location in the heart of Galena Park just 12 minutes east ofdowntown Houston
-Over $500,000 of recent capital investment to upgrade units with modern finishes and upgrades, new HVAC systems, and a new roof (2022)
-Fully subdivided with each unit having its own address, electricity, and water meters for ease of operation
-Over 14,000 sq. ft. of flexible space, including 4 halls for varied event sizes
-Ideal for retail or commercial use with flexible zoning and multiple leasing options
Downloadable Documents Sign In to Access
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access AgreementFinancing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: JDS Real Estate Services, Inc.
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.
Conditions may be included with your bid
How to Bid
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1Set up a free user accountFree registration with no obligation. Your account provides access to additional information and documents, as well as email updates.
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2Search & SelectThe Future of Real Estate features real estate from the USA and international. Utilize our advanced search criteria to narrow down your selection.
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3Review InformationAccess property information to make better-informed decisions. Available information varies depending on each real estate asset type.
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4Submit Deposit (if required)Prior to placing a bid, you may need to submit a deposit. Deposits can be submitted using credit card, wire transfer or check.
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5Place Online BidPlace bids on your selected asset prior to the deadline. Specifics vary for each asset.
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6Winner is DeclaredBuyer deposits purchase funds, and closing coordinator assists Buyer and Seller with final paperwork.
ADD PROPERTY TO FAVORITES
Conditions may be included with your bid
Galena Park, TX 77547
Conditions may be included with your bid
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Harris County
Galena Park, TX -
Property Type: Commercial Property
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Interior Space: ± 14,340 SF
-
Lot Size: ±0.46 acres
-
Transaction Fee: 5% (Min $25,000)
-
Broker Co-op: 1.00%
The Galena Park Event Center offers an investment opportunity in the heart of Galena Park, Texas, with a total of 14,850 sq. ft. of versatile space spread across two stories. Located just 12 minutes from downtown Houston, this property is ideal for both retail and event center uses, attracting a range of tenants and customers from the surrounding area. The building features four distinct event halls, capable of accommodating both intimate gatherings and large-scale events such as weddings, graduations, and parties. With a flexible design and modern amenities, the Event Center generates steady monthly cash flows.
Property Highlights:
-Well-established event center currently generating substantial monthly revenue from events
-Value-add opportunity through leasing vacant units
-Prime location in the heart of Galena Park just 12 minutes east ofdowntown Houston
-Over $500,000 of recent capital investment to upgrade units with modern finishes and upgrades, new HVAC systems, and a new roof (2022)
-Fully subdivided with each unit having its own address, electricity, and water meters for ease of operation
-Over 14,000 sq. ft. of flexible space, including 4 halls for varied event sizes
-Ideal for retail or commercial use with flexible zoning and multiple leasing options
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access Agreement
Financing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: JDS Real Estate Services, Inc.
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.