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    The Largest CRE Database in the US with Over 1 Million Listings

    2415 Church St Galveston, TX 77550

    Sponsored
    For Sale
    $1,450,000

    Commercial Sale - Galveston, TX

    Property size:
    18,192 SF
    Days on Market:
    46
    Last Refresh:
    Feb 5 at 2:06 pm

    Property Features for 2415 Church St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    6
    Parking features
    Covered, Garage, Garage - Attached, Paved or Surfaced
    Interior features
    Living Area Included, Inside Storage, Display Window, Truck Door, Delivery Door, Fire Stairs, Shelving, Office Restroom, Shop Restroom, Office, Showroom
    Exterior features
    Storage Buildings, Maintenance Bldg, Fence
    Fencing
    Fenced
    Size
    18,192 SF

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Floors in Building
    2
    Building materials
    Concrete
    Roof type
    Other
    Architectural style
    Other

    We can help!

    Listing Contact
    VJ Tramonte

    Joe Tramonte Realty Inc (409) 765-9837

    Listing agent VJ Tramonte (409) 765-9837

    Listing date Dec 22, 2025

    MLS# 20250066 Listing URL

    Copyright © 2026 Galveston Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Galveston Mixed-Use Home/Office Building

    This downtown Galveston property features a blend of residential and office space. The building includes 3,000 square feet of residential space on the second floor and 3,000 square feet of office space on the first floor. Situated on three lots, the property offers potential for various uses. The location provides convenient access to entertainment and dining options, being steps away from the Post Office Street Entertainment District, the Strand, the Grand Opera House, and cruise terminals. Constructed to withstand storms, the building features a heavy concrete foundation, concrete column supports, and concrete beams. An undeveloped area of approximately 12,000 square feet offers possibilities for a warehouse, storage, indoor parking, car collection, or gallery. Multiple entry points provide delivery convenience, and the parking lot has alley access suitable for trucks or RVs. The property is located in a quieter part of downtown.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Building Technologies Design ... Construction Company Fabrics Galveston Warehouse Importer Seaside Construction Construction Company

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Galveston
    County
    Galveston
    State
    Texas
    Longitude
    -94.794744
    Latitude
    29.302998

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    FAQs

    What type of property is this?
    Mixed-use property - Unique mixed-use property in downtown Galveston with residential and office space.
    Where is this mixed-use property located?
    The property is located at 2415 Church St Galveston, TX.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Mixed-use property: **3,000 sq ft of residential space and 3,000 sq ft of office space.**; - **Large undeveloped area (approx. 12,000 sq ft)** suitable for warehouse, storage, parking, or gallery.; - Prime downtown location: close to entertainment, dining, Post Office Street, Strand, Grand Opera House, and cruise terminals.
    (409) 765-9837
    Request Owner's contact information
    2415 Church St Galveston, TX 77550
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    Galveston, TX 77550
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2415 Church St Galveston, TX 77550
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    We can help!
    Listing Contact
    VJ Tramonte
    (409) 765-9837
    Learn more
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