2502 39th St - Flex FOR SALE


Galveston, TX 77550- Fort Crockett
$599,000 USD
281-413-1187
2502 39th St, Galveston, TX for Sale
$599,000 USD
Flex - FOR SALE
1/77
null | Request Cap Rate

2502 39th St
Galveston, TX 77550
Fort Crockett


OVERVIEW

Unlock the potential of this strategically located, income-generating two-story property just 2 miles from the iconic Galveston Sea Wall. With a combination of residential and commercial spaces, this investment offers diverse revenue streams. The upper level houses four well-designed apartments, including two spacious 2-bedroom units and two charming 1-bedroom units, all featuring kitchens, dining areas, and private bathrooms with showers, all apartments are fully leased, plus independent entrances for tenant convenience. On the ground floor, you'll find an established barber shop, thriving for 29 years with a dedicated clientele, as well as a versatile multi-purpose room—currently leased to a non-profit organization—that includes separate men’s and women’s bathrooms. Ample storage space further enhances the utility and appeal of this unique property, which seamlessly blends function and opportunity for investors seeking stable, multi-faceted income.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$122 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06

LAND SF

2,614

ZONING

-

APN/PARCEL ID

6057-0000-0001-000

ASK ABOUT THIS PROPERTY

Cindy HamannIntegrity Texas PropertiesMore Info
281-413-1187

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Cindy HamannIntegrity Texas PropertiesMore Info
281-413-1187

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