Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2021 Strand St, Galveston, TX, 77550

1beds
1baths
44,104sqft
$14,988,950
$340price/sqft
$103,437/moest. monthly cost
$4,137,480/yrincome needed

About This Home

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.

Getting Around

85
WalkingVery Walkable
0
TransitVery Limited Transit
74
BikeVery Bikeable

Schools

5/10
AIM College & Career PrepGrades 7-122.4 mi
5/10
Ball High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1857

Materials

  • Roof: Other

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range,Disposal,Microwave,Dishwasher,Refrigerator
  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Elevator
  • Window features: Window Coverings
  • Flooring: Carpet,Concrete,Tile,Wood,Hardwood

Heating & Cooling

  • Heating features: Electric,Natural Gas,Zoned
  • Cooling features: Ceiling Fan(s),Electric,Zoned

Interior Area

  • Total structure area: 44,104
  • Total interior livable area: 44,104 sqft

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed

Details

  • Parcel number: 350506200002001
  • Exclusions: See Listing Agent

Features

  • Stories: 3
  • Patio & porch: Patio
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Bay,Water
  • Has water view: Yes
  • Water view: Bay,Water

Lot

  • Lot size: 0.47 Acres
  • Features: Corner Lot