Thriving Event Center w/ Additional Rental Income

Highlights:

• Prime location in the heart of Galena Park just 12 minutes east of downtown Houston.
• 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
• Fully subdivided with each unit having its own address, electricity, and water meters for ease of operation.
• Well-established Event Center currently generating substantial monthly revenue from events.
• Over $500,000 of recent capital investment to upgrade units with modern finishes and upgrades, new HVAC systems and a new roof (2022).
• As part of the capital improvements, the Event Space was entirely reconstructed, currently in turnkey form.

Description:

This property is listed for sale via online auction. For more information and to review the due diligence section visit https://fre.com/500D13


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.

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