5 Beds ⋅ 5 Baths ⋅ 56008413 MLS ⋅ ACTIVE Status

Drive-by only. Exceptional opportunity to acquire a high-yield mixed-use investment property in Galveston, Texas. This diversified asset includes seven residential units, and four commercial storefronts with a strong history of long-term tenancy. The property producing income with a pro forma cap rate of about 10%. Even with conservative underwriting including vacancy and repair reserves, the asset performs near a 9% cap rate, making it attractive to both cash-flow investors and leveraged buyers. Multiple income streams provide strong stability, while value-add potential exists through rent optimization & continued property improvements. Several commercial tenants have been in place since 2010, reflecting strong location fundamentals and tenant retention. Rare opportunity to acquire a high-performing coastal Texas mixed-use asset with immediate income and long-term upside.

1915 45th St, Galveston

$329,000

4 Beds ⋅ 2 Baths ⋅ 82396080 MLS ⋅ ACTIVE Status

This original Galveston corner store offers a rare opportunity for mixed-use living and investment. The property features a 4-bedroom, 1-bath residential apartment upstairs and a large open commercial space downstairs with a half bath, providing possibilities for retail, office, studio, gallery, or other approved commercial uses. The commercial space is an open canvas, ready to be built out to suit your vision. A list of permitted uses, as provided by the City of Galveston, is included in the attached documents. Additional features include off-street parking with a detached garage, a highly visible corner location, and the charm and character of one of Galveston's historic neighborhood corner stores. Whether you're looking to live above your business, create an income-producing investment, or establish a unique commercial presence, this property offers exceptional flexibility and potential.

3227 Ave R, Galveston

$2,950,000

2 Beds ⋅ 1 Baths ⋅ 68567259 MLS ⋅ ACTIVE Status

** DISTINCTIVE INVESTMENT PROPERTY IN GALVESTON'S HISTORIC STRAND DISTRICT** Located in the heart of Galveston's Historic Strand District, 2119–2121 Strand offers a rare mixed-use investment opportunity featuring four storefront spaces and eight residential units ALL FULLY LEASED. The apartments showcase soaring ceilings, hardwood floors, abundant natural light, historic architectural details, and spacious balconies overlooking The Strand and the Galveston Railroad Museum. Residents enjoy a true downtown lifestyle with restaurants, shopping, galleries, entertainment, and the waterfront just steps away. Positioned in one of Galveston's most iconic and walk-able destinations, this fully occupied property provides immediate income and long-term investment potential in a location where historic charm and strong demand continue to drive value. Rare opportunity to acquire a landmark income-producing asset in the heart of downtown Galveston.

2119 Strand, Galveston

$1,249,000

2 Beds ⋅ 1 Baths ⋅ 31905635 MLS ⋅ ACTIVE Status

Prime Galveston Investment – Mixed-Use Property on Broadway Exceptional income-producing opportunity in the heart of Galveston! This beautifully renovated 2023 property features 7 residential units and a longstanding, successful gym—offering both immediate cash flow and long-term appreciation potential. The building combines historic charm with modern upgrades, boasting refinished hardwood floors, exposed ceilings, and high-quality finishes throughout. Its high-visibility Broadway location places it just minutes from the Seawall, UTMB, downtown Galveston, and the island’s premier dining, retail, and entertainment destinations. Highlights: Proven income stream, Recent full renovation (2023) minimizing near-term capital needs Excellent location with strong rental demand Turnkey asset ideal for seasoned investors.

2115 Broadway Ave, Galveston

$500,000

2 Beds ⋅ 1 Baths ⋅ 6283030 MLS ⋅ ACTIVE Status

Value-add mixed-use opportunity located on Broadway with strong visibility and access. Property offers a combination of residential and commercial space, ideal for those looking to operate a business while living on-site or generating rental income. Updated residential areas feature modern finishes, while the ground-level commercial space is currently in shell condition, allowing for future build-out. Front and rear access provide added convenience. This property presents flexibility for investors or owner-users seeking multiple use options. Property is not legally subdivided. Buyer to verify all measurements, zoning, permitted uses, and any short-term rental or commercial restrictions. Information deemed reliable but not guaranteed. text me

4609 Broadway St Unit 3, Galveston

$1,500,000

51534145 MLS ⋅ ACTIVE Status

Nestled along the beachfront of Whispering Shores, on the exclusive West End of Galveston, this exceptional property presents an opportunity for developers and investors. Offering sweeping ocean views and direct beach access, it’s a rare gem in one of the most sought-after locations on the Gulf Coast. The property comes with fully approved development plans, including preliminary architectural designs and an action letter for development, included in the price. With 9 lots on ~2 acres of prime beachfront land, this site is ready for transformation. Flexible options for both horizontal development and vertical construction are available, customized to suit the buyer's vision. Whether you’re looking to create a luxurious oceanfront residential community, a boutique beachfront resort, or a unique mixed-use development, Whispering Shoes offers a blank canvas. Don’t miss the chance to invest in this exclusive property and make your mark on one of Galveston’s coastal destinations.

12223 Fm 3005, Galveston

$299,900

4 Beds ⋅ 1 Baths ⋅ 27970262 MLS ⋅ ACTIVE Status

Prime opportunity to own a mixed-use property in the heart of Galveston! This versatile building offers both residential and commercial potential, making it ideal for investors or owner-occupants seeking income-producing possibilities. The property is being sold as-is, presenting a great chance to renovate, customize, or restore to your vision. Conveniently located near local shops, dining, and the beach, this property offers strong upside potential in a high-demand coastal market.

2927 Ave Q, Galveston

$1,000,000

5 Beds ⋅ 3 Baths ⋅ 10141776 MLS ⋅ ACTIVE Status

Presenting the Lovely Bockman Estrada Home. Built on Two Lots in 1915, this Brick Prairie School Style Home has an Extensive Galveston History and Could Be Residential, Mixed Use or Commercial. Winner of the 2020 Sally B. Wallace Preservation Award and Well Maintained, this is Your Chance to Own One of the Grand Mansions on Broadway! A Grand Entry Connects to the Formal Living, Den & Dining Rooms. Up the Grand Staircase - 4 Large Bedrooms, Sunrooms, Porches, Library and Balconies. The Woodwork on the Doors and Windows, coupled with the Gorgeous Primary Staircase is Stunning! The Lots' Shady Setting, Full of Mature Vegetation, is a Lovely Setting for Entertaining. A Garage Apartment is Welcome Space for Family and Friends! Call for More Photos, or Better Yet, See This Home In-Person Soon!

2911 Broadway St, Galveston

$345,000

69301066 MLS ⋅ ACTIVE Status

Owner says bring your offer! All reasonable offers will be entertained for this perfectly situated .32 Acre lot zoned for Commercial/Mixed Use with direct access to 7 1/2 Mile Rd. Adjacent to the bustling FM 3005/Termini San Luis Pass Rd., this property offers a great Gulf view. Next to the popular Cooper's Landing restaurant, it's an exceptional opportunity for residential land development. Build your dream home, or a multiplex in this prime location. Or, embrace the potential for a commercial venture in this vibrant area. Don't miss out on this amazing opportunity to own a piece of Galveston's charm!

000 7 1/2 Mile Rd, Galveston

$224,500

11393678 MLS ⋅ ACTIVE Status

Strategically positioned .32 Acre lot in prime Commercial/Mixed Use zone, offering stunning Gulf views. Located on 7 1/2 Mile Rd, with an option to purchase adjacent lot for potential development. Ideal for residential land projects, whether a dream home or multiplex. Embrace the opportunity for a lucrative commercial venture next to Cooper's Landing restaurant. Own a piece of Galveston's charm and invest in this vibrant area. The potential is limitless for this unique property. A rare chance to acquire a piece of land with endless possibilities. Seller welcomes all reasonable offers.

00 7 1/2 Mile Rd, Galveston

$197,500

43809759 MLS ⋅ ACTIVE Status

Embrace unobstructed Gulf views on this .32 0.32-acre Commercial/Mixed Use lot. Expand your horizons by adding the adjacent lot for endless possibilities. Perfect for a personal home, multiplex, or commercial venture. Overlooking water inlets and the Gulf, nature's beauty surrounds you. Don't miss out on this rare opportunity to own commercial property at a residential price. Located on East Silver Sands, this 14,026 square foot lot is a steal at its current price. Don't wait, seize the chance to double your space by adding the lot next door and create something extraordinary! The Seller welcomes all reasonable offers.

000 E Silver Sands, Galveston

$197,500

79342003 MLS ⋅ ACTIVE Status

Embrace unobstructed Gulf views on this .32 0.32-acre Commercial/Mixed Use lot. Expand your horizons by adding the adjacent lot for endless possibilities. Perfect for a personal home, multiplex, or commercial venture. Overlooking water inlets and the Gulf, nature's beauty surrounds you. Don't miss out on this rare opportunity to own commercial property at a residential price. Located on East Silver Sands, this 14,026 square foot lot is a steal at its current price. Don't wait, seize the chance to double your space by adding the lot next door and create something extraordinary! Seller welcomes all reasonable offers.

00 E Silver Sands, Galveston

$825,000

51227757 MLS ⋅ PENDING Status

The Galveston Carriage Place at 523 24th Street offers a rare chance to own a historic downtown Galveston landmark just steps from The Strand, dining, shopping, entertainment, and nightlife. Built in 1865 as the business and residence of Frederick D. Schmidt, this iconic property blends rich history with outstanding redevelopment potential. Featuring over 10,000 square feet of flexible space, it is well suited for creative offices, boutique hospitality, mixed-use development, event venues, live/work lofts, restaurants, galleries, or a signature destination. Historic features include exposed brick, soaring ceilings, oversized windows, and expansive interiors. Several spaces are currently income-producing, providing flexibility for owner occupancy or future redevelopment. A truly exceptional investment opportunity on Galveston Island.

523 24th St, Galveston

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