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2411 Strand St 5,000 SF 100% Leased Retail Building Galveston, TX 77550 For Sale
INVESTMENT HIGHLIGHTS
- Located in the heart of Downtown Galveston, the Strand is in the top of the list for cruise ship passengers, day trippers and overnight tourist
EXECUTIVE SUMMARY
This exceptional 4,900-square-foot building is located in the heart of Galveston Island’s vibrant and historic Strand District. Steeped in timeless charm, the property features two NNN leases, offering immediate income potential for savvy investors
Strategically positioned within walking distance of the Galveston Cruise Terminal, popular local restaurants, boutique shops, and a variety of nearby attractions, this property benefits from consistent foot traffic and exposure. Galveston Island draws millions of visitors each year, with an estimated $1 billion in annual tourism spending – making this a sought-after location for commercial ventures.
With its rich history, prime location, and reliable rental income, this property presents an unparalleled opportunity to invest in one of Galveston’s most iconic and bustling districts.
Key Highlights:
• 4,900 sq. ft. of historic charm
• Two NNN leases in place
• Walking distance to the cruise terminal, dining, shopping, and entertainment
• Located in a high-traffic area with year-round tourist activity
Strategically positioned within walking distance of the Galveston Cruise Terminal, popular local restaurants, boutique shops, and a variety of nearby attractions, this property benefits from consistent foot traffic and exposure. Galveston Island draws millions of visitors each year, with an estimated $1 billion in annual tourism spending – making this a sought-after location for commercial ventures.
With its rich history, prime location, and reliable rental income, this property presents an unparalleled opportunity to invest in one of Galveston’s most iconic and bustling districts.
Key Highlights:
• 4,900 sq. ft. of historic charm
• Two NNN leases in place
• Walking distance to the cruise terminal, dining, shopping, and entertainment
• Located in a high-traffic area with year-round tourist activity
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
B
Year Built
1961
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.24 AC
Zoning
LI
Frontage
42’ on The Strand
AMENITIES
- 24 Hour Access
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Gypsy Joint
- -
- -
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Gypsy Joint | - | - | - | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3505-0624-0005-000 | Improvements Assessment | $492,813 CAD (2025) |
| Land Assessment | $327,565 CAD (2025) | Total Assessment | $820,378 CAD (2025) |
PROPERTY TAXES
Parcel Number
3505-0624-0005-000
Land Assessment
$327,565 CAD (2025)
Improvements Assessment
$492,813 CAD (2025)
Total Assessment
$820,378 CAD (2025)
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2411 Strand St
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