1502 39th St - Retail FOR SALE


Galveston, TX 77550- Lasker Park
$1,250,000 USD
409-744-3300
1502 39th St, Galveston, TX for Sale
$1,250,000 USD
Retail - FOR SALE
1/42
null | Request Cap Rate

NEW


1502 39th St
Galveston, TX 77550
Lasker Park


HIGHLIGHTS

  • Historic 1924 Keystone brick building
  • Central HVAC, TWIA-permitted roofing, and updated electrical & plumbing
  • A 3,000 sq ft outdoor area

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,754 SF

ZONING

R

APN/PARCEL ID

3510-0035-0001-000

ASK ABOUT THIS PROPERTY

Caroline SpagnolaRE/MAX Leading EdgeMore Info
409-744-3300

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Caroline SpagnolaRE/MAX Leading EdgeMore Info
409-744-3300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.