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    2021 Strand St Galveston, TX 77550

    For Sale
    $14,988,950

    Three historic buildings on Galveston Strand with diverse income streams.

    Lot size:
    0.47 Acres

    Property Features for 2021 Strand St

    General Information

    Lot size
    0.47 Acres

    Building Details

    Year built
    1857

    Source: Martha Turner Sotheby's International Realty Agent David Atkins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Galveston Strand Mixed-Use Portfolio

    Located on the historic Galveston Strand, the J.W. Jockusch Building, the E. B. Nichols Building, and the J.D. Rogers Building are available for acquisition. The property, totaling over 44,000 square feet across the three buildings, features dining establishments, retail storefronts, banquet halls, and short-term rentals, providing multiple revenue streams and potential for expansion. The buildings include balconies overlooking The Strand. The property is suitable for corporate events and may appeal to industry investors seeking real estate portfolio expansion and asset growth. The buildings at 210 Moody, 2021 Strand, and 2015 Strand have a history and have seen a constant increase in value over the years.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    SegOar Uis Flower Delivery, Oleander Sands, Kory, Mainland Floral, Balloon Bouquets Mainland

    Location Insight

    • Map
    • Local Demand
    City
    Galveston
    County
    Galveston
    State
    Texas
    Longitude
    -94.7916843
    Latitude
    29.3076092

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    FAQs

    What type of property is this?
    Storefront property - Three historic buildings on Galveston Strand with diverse income streams.
    Where is this storefront property located?
    The property is located at 2021 Strand St Galveston, TX.
    What is the asking price?
    The asking price for this property is $14,988,950.
    What are key features of this property?
    This property features: - Prime location on the historic Galveston Strand; - Multiple revenue streams from dining, retail, banquet halls, and short-term rentals; - Significant 44,000+ sq. ft. across three historic buildings
    (713) 582-5111
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    2021 Strand St Galveston, TX 77550
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    Realmo Value Estimation

    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.

    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.

    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
    2021 Strand St Galveston, TX 77550
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