Homes for sale - 2021 Strand, Galveston, TX 77550

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Minely Martinez

minely16@gmail.com +1(713) 371-6971

$ 14,988,950

Est. payment | -/mo

1 Bed

1 Bath

44,104 SqFt

Save

$ 14,988,950

Est. payment | -/mo

Save

1 Bed

1 Bath

44,104 SqFt

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

HOA Y/N No

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 Downtown - Galveston/The Strand

Interior

Interior Features Balcony, Elevator, Furnished, Quartz Counters, Tile Counters, Window Treatments, Ceiling Fan(s)

Heating Central, Electric, Gas, Zoned

Cooling Central Air, Electric, Zoned

Flooring Concrete, Tile, Wood, Carpet, Hardwood

Furnishings Furnished

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator

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

Accessibility Accessible Elevator Installed

Porch Patio

Building

Lot Description Corner Lot, Views

Faces North

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Schools

Elementary Schools Gisd Open Enroll

Middle Schools Gisd Open Enroll

High Schools Ball High School

School District 22 - Galveston

Others

Tax ID 3505-0620-0002-001

Acceptable Financing Cash, Investor Financing

Listing Terms Cash, Investor Financing

Houston Realtors Information Service / HAR MLS

Listed by Martha Turner Sotheby's International Realty David Atkins

Find out why customers are choosing LPT Realty to meet their real estate needs!!

+1(713) 371-6971

minely16@gmail.com

2021 Strand Galveston, TX 77550