210 Moody Ave - Storefront Retail/Office FOR SALE


Galveston, TX 77550- Downtown Galveston
$14,988,950 USD
713-520-1981
210 Moody Ave, Galveston, TX for Sale
$14,988,950 USD
Storefront Retail/Office - FOR SALE
1/52
null | Request Cap Rate

210 Moody Ave
Galveston, TX 77550
Downtown Galveston


OVERVIEW

Located on the historic Galveston Strand, the J.W. Jockusch Building, the E. B. Nichols Building, and the J.D. Rogers Building, are being made available for acquisition. With a combination of dining establishments, retail storefronts, numerous banquet halls, and short-term rentals, this property has multiple streams of revenue, and room for expansion. Able to handle corporate events, this is an ideal location for industry titans looking to expand their real estate portfolio while the potential for healthy cap rates tickle the fancy of investors looking for asset growth. With over 44,000 sq. ft. the three buildings, with balconies overlooking The Strand,, each carry a well-chronicled history that provides the perfect background for a discerning buyer looking to acquire an inimitable asset that produces a healthy cash flow and has seen a constant increase in value over the years. 210 Moody, 2021 Strand, and 2015 Strand make up this extraordinary parcel with an unparalleled pedigree. The 1866 J. W. Jockusch Building at 210 Moody on the corner of Moody and The Strand is a three-story structure totaling 15,180 sq. ft. with an additional 2,450+/- sq. ft. balcony overlooking the Strand. The Inn on the Strand at 2021 Strand, also known as the 1857 E.B. Nichols Building, is a three-story structure totaling 11,100 sq. ft. The Trolley Station at 2015 Strand, also known as the 1894 J.D. Rogers Building, is a two-story structure totaling 17,824 sq. ft. with an additional 1,250+/- sq. ft. balcony overlooking The Strand.

FOR SALE DETAILS

PRICE

$14,988,950 USD

PRICE/SF

$340 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,640 SF

ZONING

Historic District

APN/PARCEL ID

3505-0620-0001-000,3505-0620-0002-001,3505-0620-0003-000

ASK ABOUT THIS PROPERTY

David AtkinsMartha Turner Sotheby's International RealtyMore Info
713-520-1981

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David AtkinsMartha Turner Sotheby's International RealtyMore Info
713-520-1981

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