Listing Agency: Greenberg & Company

Listed By: David Greenberg · License #TX 236747 Show Phone

Source: Crexi

Added: Oct 3, 2023 Changed: Aug 20 Last Checked: Sep 1 at 7:51AM

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Investment Insights

Based on property information with market context.

This commercial property, offering approximately 2500 square feet of retail space, presents an opportunity for an owner-user. The property is located in Galveston, Texas.

Key Highlights

• Excellent owner/user opportunity

Property Analytics

Property Profile

Current Use

VAPE SPOT (Bike/Boat/Book/etc) Store Island Spot hookah ... Restaurant Island Spot hookah ... (Bike/Boat/Book/etc) Store Island Spot (hookah ... Restaurant Island Spot hookah ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Spa & Massage Center Hair Salon Accounting Firm Real Estate Agency Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

435

Businesses Nearby

208k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 36% Superstores 27% Home Improvements & Furnishings 17% Dining 13%

Target Superstores

56,465 visits/mo 0.4 miles

The Home Depot Home Improvements & Furnishings

28,761 visits/mo 0.4 miles

Mobil Shops & Services

22,632 visits/mo 0.5 miles

Taco Bell Dining

17,381 visits/mo 0.5 miles

Dollar Tree Shops & Services

13,176 visits/mo 0.4 miles

Demographics for 77551, TX

22,677

Population

11,184

Households

2

Avg Household Size

42

Median Age

29%

College-Educated

86%

High-School Grad

4.0 sq mi

ZIP Area

5,669

Density / Sq Mi

$59,792

Median Household Income

$33,721

Median Earnings

$1,342

Median Rent

$278,100

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for sale in Galveston, Texas.

Where is this retail space located?

The property is located at 1017 61st St Galveston, TX.

What are key features of this property?

This property features: Excellent owner/user opportunity