1502 39th St - Retail FOR SALE


Galveston, TX 77550- Lasker Park
$1,250,000 USD
409-763-2800
1502 39th St, Galveston, TX for Sale
$1,250,000 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

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

Large two story prominent corner historic brick building, circa 1924, with 9 first floor rental areas: 7 facing 39th Street and two facing Avenue N. The upstairs has two large condo-type areas with one having 7 bedrooms surrounding two common areas, a kitchen and 1 1/2 baths and the other having 4 bedrooms and a kitchen and bath. A large private roof patio area, with covered bar area, separates the two upstairs living areas. Hot tub area, with patio and private staircase downstairs. The property is among the many up and coming 39th Street establishments that are proven financial successes.

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

David BowersBHGRE Gary GreeneMore Info
409-763-2800

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David BowersBHGRE Gary GreeneMore Info
409-763-2800

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