2021 Strand Active Save Request In-Person Tour Request Virtual Tour
Galveston,TX 77550
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 44,104 sqft
Price per Sqft $339
Subdivision The Galveston Strand
MLS Listing ID 28223611
Bedrooms 1
Full Baths 1
Year Built 1857
Annual Tax Amount $5,919
Tax Year 2024
Property Sub-Type Multi Family
Property Description
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.
Location
State TX
County Galveston
Area 33
Interior
Heating Central,Electric,Gas,Zoned
Cooling Central Air,Electric,Zoned
Flooring Concrete,Tile,Wood,Carpet,Hardwood
Laundry Common Area
Exterior
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Water Available
View Y/N Yes
View Bay,Water
Roof Type Other
Building
Lot Description Corner Lot,Views
Story 3
New Construction No
Schools
Elementary Schools Gisd Open Enroll
Middle Schools Gisd Open Enroll
High Schools Ball High School
School District 22 - Galveston
Others
Acceptable Financing Cash,Investor Financing
Listing Terms Cash,Investor Financing