Own a premier mixed-use investment property in the heart of Downtown Galveston! This income-producing, three-story building offers the perfect blend of commercial and residential income streams, complete with valuable two-car garage. The property features approximately 2,750 square feet of fully leased office space on the first floor, occupied by multiple tenants and providing immediate income. Designed for a professional business environment, the commercial level offers soaring ceilings, three private offices, multiple conference and meeting rooms, and an efficient layout. Above the commercial space are three residential units (4,048 SqFt) all recently turned over and ready for lease. The second floor includes two beautifully finished 1-bedroom, 1-bathroom apartments, while the third floor features a spacious 2-bedroom, 2-bathroom unit with stunning views of Downtown Galveston.
| MLS # | 91149455 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1966 |
| Days On Site | 24 |
| Listing Provided By | Almon & Co. Real Estate | Jackson Almon |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 6,798 |
| Story(s) | 3 |
| Units | 5 |
| Acreage | 2760.00 |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Garage, Garage Door Opener |
| Tax Annual Amount | 13161 |
|---|
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77550 |
| Area | 33 |
| Subarea | Downtown Galveston | The Strand |
| Community Name | Galveston Townsite |
| Listing VS Median (in Galveston Townsite) | |
Price: $1,350,000 low | high Med: $330,000 sqft: 6,798 low | high Med: 2,436 $ / sqft: $199 low | high Med: $135 On site: 24 low | high Med: 58 | |
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77550 |
| Area | 33 |
| Subarea | Downtown Galveston | The Strand |
| Community Name | Galveston Townsite |
| Listing VS Median (in Galveston Townsite) | |
Price: $1,350,000 low | high Med: $330,000 sqft: 6,798 low | high Med: 2,436 $ / sqft: $199 low | high Med: $135 On site: 24 low | high Med: 58 | |
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