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Investment Highlights

  • Great investment opportunity

Executive Summary

Property Converted to 110 room Hotel . Attached Plans Has 3 Floors And Basement and Elevator . Property Video Link attached . Also Pictures attached . Property Scheduled to be Open for Business Sometime Early next year .

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 3.05 AC
Construction Status Under Renovation
Building Size 41,200 SF
No. Rooms 110
No. Stories 3
Year Built/Renovated 1940/2035
Parking Ratio 1.23/1,000 SF
Corridor Interior
Opportunity Zone Yes

Amenities

  • Fitness Center
  • Restaurant
  • Room Service
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $184.00 -
Guest Room 108 $151.00 -
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
0628-0092-0000-000
Land Assessment
$1,821,770
Improvements Assessment
$1,778,230
Total Assessment
$3,600,000
  • Listing ID: 37923159

  • Date on Market: 10/2/2025

  • Last Updated:

  • Address: 5005 Avenue U, Galveston, TX 77551

Contact the Sale Advisor

Closed Hotel Galveston | 5005 Avenue U

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