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1502 39th St 9,963 SF 100% Leased Retail Building Galveston, TX 77550 $1,744,900 CAD ($175.14 CAD/SF)
INVESTMENT HIGHLIGHTS
- Historic 1924 Keystone brick building
- A 3,000 sq ft outdoor area
- Central HVAC, TWIA-permitted roofing, and updated electrical & plumbing
EXECUTIVE SUMMARY
Please do not disturb tenants. Private showings only. 24-48 hours preferred
Historic 1924 Keystone brick building at 1502 39th St. in Galveston, featuring over 13,000 sq ft of rentable space, including two vacation condos, four commercial units, and more. Originally a pharmacy, it now hosts a bakery, cooking school with a commercial kitchen, market, community center, and private gym. The property has central HVAC, TWIA-permitted roofing, and updated electrical and plumbing. Both condos are fully furnished for rentals: one with 7 bedrooms, 1.5 baths, and the other with 2 bedrooms, 1 bath. A 3,000 sq ft outdoor area includes custom woodwork, cabanas, seating for 24+, a bar, and dual hot tubs. With handicap access on the first floor and 100% occupancy in commercial units, this versatile property is ideal for generating rental income, hosting events, and accommodating diverse commercial tenants in a prime Galveston location.
Historic 1924 Keystone brick building at 1502 39th St. in Galveston, featuring over 13,000 sq ft of rentable space, including two vacation condos, four commercial units, and more. Originally a pharmacy, it now hosts a bakery, cooking school with a commercial kitchen, market, community center, and private gym. The property has central HVAC, TWIA-permitted roofing, and updated electrical and plumbing. Both condos are fully furnished for rentals: one with 7 bedrooms, 1.5 baths, and the other with 2 bedrooms, 1 bath. A 3,000 sq ft outdoor area includes custom woodwork, cabanas, seating for 24+, a bar, and dual hot tubs. With handicap access on the first floor and 100% occupancy in commercial units, this versatile property is ideal for generating rental income, hosting events, and accommodating diverse commercial tenants in a prime Galveston location.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
9,963 SF
Building Class
C
Year Built
1961
Price
$1,744,900 CAD
Price Per SF
$175.14 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.28
Lot Size
0.18 AC
Zoning
R
AMENITIES
- Corner Lot
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3510-0035-0001-000 | Improvements Assessment | $1,020,689 CAD |
| Land Assessment | $194,182 CAD | Total Assessment | $1,214,871 CAD |
PROPERTY TAXES
Parcel Number
3510-0035-0001-000
Land Assessment
$194,182 CAD
Improvements Assessment
$1,020,689 CAD
Total Assessment
$1,214,871 CAD
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1502 39th St
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