For Sale

$1,599,900

HIGHLIGHTS:
  • Active
  • $21,591/month
  • 56 DOM
  • 2 Stories
  • 0 Beds
  • 11,322 SqFT
Description

Historic 1924 Keystone brick building at 1502 39th St. in Galveston, featuring over 13,000 sq ft of rentable space, including two vacation condos, four commercial units, and more. Originally a pharmacy, it now hosts a bakery, cooking school with a commercial kitchen, market, community center, and private gym. The property has central HVAC, TWIA-permitted roofing, and updated electrical and plumbing. Both condos are fully furnished for rentals: one with 5 bedrooms, 1.5 baths, and the other with 2 bedrooms, 1 bath. A 3,000 sq ft outdoor area includes custom woodwork, cabanas, seating for 24+, a bar, and dual hot tubs. With handicap access on the first floor and 100% occupancy in commercial units, this versatile property is ideal for generating rental income, hosting events, and accommodating diverse commercial tenants in a prime Galveston location.

Overview
  • MLS Number: 29971735
  • Type: Multi-Family - Duplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 11,322 SqF
  • Land Size: 7,740 sqft
  • Year Built: 1961
Financial
Price:
$1,599,900
Price/SqFT:
$141.31
HOA Fee:
Tax Rate:
1.74767 %
Est. Monthly:
$21,591 *
Tax Amount:
$27,961
Amenities and features
  • Wheelchair Access
  • Corner Lot
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Tile,Wood
    Heating:
    Central Electric
    Cooling:
    Central Electric
    Dishwasher:
    Yes
    Disposal:
    Yes
    Compactor:
    No
    Microwave:
    Yes
    Energy Feature:
    Ceiling Fans
  • Roof:
    Other
    Exterior Type:
    Brick
    Lot Description:
    Corner,Other
    Parking Unit:
    More than Two
    Parking:
    Paved Area
    Front Door Face:
    West

Listed By:
Caroline Spagnola

RE/MAX Leading Edge

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