4124 Broadway St - Storefront Retail/Residential FOR SALE


Galveston, TX 77550- Carver Park
$999,000 USD
602-618-8985
4124 Broadway St, Galveston, TX for Sale
$999,000 USD
Storefront Retail/Residential - FOR SALE
1/15
null | Request Cap Rate

4124 Broadway St
Galveston, TX 77550
Carver Park


HIGHLIGHTS

  • High traffic
  • High visibility
  • Open concept
  • 5 lots - room to expand
  • Corner lot
  • 15,000-30,000 daily traffic count

OVERVIEW

LOCATION. LOCATION. LOCATION. Approximately, 12,000sf mixed-use building currently being used as living quarters and an active church. This property is situated on 5 lots (including a corner lot) which includes 215’ of Broadway frontage. This could be perfect for condo/apartment development; strip center; restaurant; event space; storage units; gym; daycare/school; artist studios; and warehouse - there are many possibilities to consider. This mixed-use property has been utilized previously as a church, boarding rooms, a sanctuary, a fellowship hall, commercial offices, and a music studio, all since 2016. With five lots, encompassing 25,800sf, parking is plentiful and offers plenty of room for expansion. Recent renovations include A/C and new roof covering. The building has been well-maintained and is move-in ready. The Broadway thoroughfare has an estimated 15,000-30,000 daily traffic count. This highly visible location ensures maximum visibility for your business/development project. Total land of .5925 acres. Seller would be interested in leasing two-story portion of the building for $10,000/month. Shaft available for elevator installation. Back warehouse is being leased on a month-to-month basis for $1,000. Up to four bedrooms in living quarters. 2 public bathrooms. Large kitchen on the first floor. Multiple offices. Side-by-side washer/ dryer. Storm shutters on the entry door.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Showroom, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

Commercial

APN/PARCEL ID

3505-0221-0013-000

ASK ABOUT THIS PROPERTY

Vincent TramonteJoe Tramonte Realty, IncMore Info
602-618-8985

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Vincent TramonteJoe Tramonte Realty, IncMore Info
602-618-8985

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