For Sale
2021 Strand Galveston, TX 77550
$14,988,950
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.
Overview
Financial
Price:
$14,988,950
Price/SqFT:
$339.85
HOA Fee:
Tax Rate:
0 %
Est. Monthly:
$144,733 *
Tax Amount:
$0
Amenities and features
Corner Lot
Energy Efficient
Water View
Property & Schools on Map
Floor plans / Dimensions / Descriptions
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InteriorFloors:Carpet,Concrete,Tile,WoodCountertop:Quartz, TileCooling:Central Electric,ZonedHeating:Central Electric,Central Gas,ZonedMicrowave:YesCompactor:NoDisposal:YesDishwasher:YesEnergy Feature:Ceiling Fans
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ExteriorRoof:OtherLot Description:Corner,Water ViewWater Amenity:Bay ViewFront Door Face:North
Listed By:
David Atkins
Martha Turner Sotheby's International Realty
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