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Listing Detail - For Sale



The Former Balinese Room
 
$500,000

Listing ID# 224340
 
The Former Balinese Room
2107 Seawall Boulevard
Galveston TX 77550

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For More Information Contact:
CommGate - Houston Commercial Gateway
Phone: (713) 629-1900 X 363 | Email: info@commgate.com

Property Summary - The Former Balinese Room

Asset Class: Land Year Completed:
Total Building SF: 0 Lot SF: 27,000
Total Units: Cap Rate:
Status: Withdrawn Number of Floors:
Construction Type:

Description

Rights to the Submerged Land aka Balinese Room  -  The Former Balinese Room
Available for Purchase, Lease or Joint Venture. Rights to the Seaward parcel of submerged Land known as the former Balinese Room, where a structure with a foot print of up to 27,000 sf could be rebuilt over the Gulf of Mexico, with a 140 feet of street frontage on the Seawall. Current rules would allow for a 2 level structure, all building is subject to approval. Hurricane Ike destroyed the Old Balinese Room in 2008, what is left is across the Seawall from the Hotel Galvez. The main pic is what the Balinese Room looked like in about 2006, other pics show what is left.


All information provided is deemed reliable but is not guaranteed and should be independently verified.
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All information provided is deemed reliable but is not guaranteed and should be independently verified.