Property summary
This exceptional three-story, Mediterranean-style event venue in Houston's Galleria area sits on a nearly 1.5-acre lot (63,478 sq ft). The 21,599 square foot building, constructed in 1973, features a two-story ballroom with hardwood floors, recessed lighting, a balcony, and a large upstairs bar area, plus a private room with its own bar. Additional space includes an office area with storage and shelving, dual suites offering versatile dwelling space, and a large basement with two commercial-grade cooling rooms. Multiple air conditioning zones throughout ensure climate control. The property is offered for sale by owner at $3,103,030 ($143.67/sq ft) with a NNN lease type. Its prime location and adaptable layout make it ideal for various uses, including event hosting, a mixed-use complex, or a bar/nightclub. The property is zoned for commercial use. This is a unique opportunity to acquire a substantial property in a high-demand area. Disclaimer: While the information provided is deemed reliable, prospective buyers are strongly encouraged to conduct their own due diligence to verify any details pertinent to their purchase decision.
Property profile
VerifiedCap rate & NOI
Current use
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Nightclub Music Venue
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Law Firm
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Event Planning Wedding Service
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Law Firm
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Law Firm
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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