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Investment Highlights

  • Corner of St. Goar and Fm 517
  • High visibility

Executive Summary

Prime opportunity to acquire an income-producing commercial property located on high-visibility Main Street in the growing Dickinson, TX submarket. This offering includes approximately 2,500 SF main building plus an additional ~450 SF warehouse structure, providing flexible use and added functionality for a variety of business or investment purposes.
The property is currently leased and generates $2,700/month ($32,400 annually) in rental income, offering immediate cash flow from day one. Current rents provide a solid return while leaving room for future upside through rent adjustments or repositioning. Investors will recognize the value-add potential in bringing rents closer to market levels over time.
The layout and dual-structure configuration make this property especially attractive for a wide range of users, including retail, office, service businesses, contractors, or light industrial operations. The warehouse component adds additional utility for storage, equipment, or secondary workspace—an increasingly desirable feature for owner-users.
Strategically positioned with strong Main Street frontage, the property benefits from steady traffic counts and excellent visibility, enhancing long-term value and business potential. The location lies within a rapidly developing corridor between Houston and Galveston, with continued residential and commercial growth supporting future demand.
Property is well-suited for both investors seeking stable income with upside and owner-users looking to occupy while offsetting costs with rental income. The relatively low acquisition price point also makes this an ideal candidate for SBA or conventional financing, opening the door to a broad buyer pool.
Investment Highlights:
• Current income: $2,700/month ($32,400/year)
• Estimated NOI: ~$24,000
• Approximate 8% cap rate at list price
• Value-add opportunity with rent upside potential
• Two structures on one property (main building + warehouse)
• Flexible use: retail, office, contractor, service, or mixed-use
• Strong frontage and visibility on Main Street
• Growing local market with increasing demand
With a compelling combination of current cash flow, functional flexibility, and clear upside potential, this property represents a rare opportunity in this price range. Properties of this type and price point are in short supply—contact for additional details or to schedule a showing.

Attachments

MAINATGOAR

Financial Summary (Actual - 2025) 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
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) 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
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
2,800 SF
Year Built/Renovated
1921/2004
Price
$407,734 CAD
Price Per SF
$145.62 CAD
Cap Rate
8.03%
NOI
$32,728 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.19 AC
Zoning
Commercial - Zoned for Commercial – Retail / Office / Mixed Use with flexible applications (buyer to verify)
Parking
10 Spaces (3.57 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Regions Bank
Amegy Bank
H-E-B

Property Taxes

Property Taxes

Parcel Number
4835-0000-0013-000
Land Assessment
$154,953 CAD
Improvements Assessment
$134,143 CAD
Total Assessment
$289,096 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025 Payable 2025
  • Listing ID: 40421452

  • Date on Market: 2026-05-06

  • Last Updated:

  • Address: 4306 St. Goar, Dickinson, TX 77539

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