1032 Grand Ave 4,900 SF 100% Leased Retail Building Bacliff, TX 77518 $579,874 CAD ($118.34 CAD/SF) 9.08% Cap Rate

1032 Grand Avenue offers a versatile commercial opportunity along Bacliff’s primary neighborhood corridor, serving steady local traffic from both Bacliff and Bayview communities. Its location near Highway 146 provides convenient access to regional growth and industrial expansion, positioning the property well for operators seeking visibility and long-term stability in a coastal submarket.
The standalone structure features a flexible interior layout that can be adapted for retail, local service operations, contractor use, or an office conversion. Its ability to reconfigure for a single user or potential multi-tenant setup creates a path for repositioning and value enhancement. As smaller commercial properties in this price range trend toward owner-user acquisition, the asset aligns well with buyers seeking affordability and control over occupancy costs.
Market conditions continue to emphasize conservative lending, higher down payments, and the importance of coastal insurance and tax considerations, making flexibility a key advantage. This property fits within the segment performing best: adaptable, accessible, and cost-efficient assets with room for improvement.
A hypothetical stabilized scenario suggests income potential at a gross lease rate of fourteen dollars per square foot, producing illustrative returns above nine percent, though all figures remain projections only. Buyers are encouraged to independently verify all zoning, utility, tax, and insurance conditions. With approachable pricing, operational versatility, and a strong neighborhood-scale location, this property presents a solid opportunity for those looking to build equity and establish a long-term position in Galveston County’s coastal market.