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Property profile & analytics
OFF-MARKET
Office Spaces

2319 The Strand Galveston, TX 77550

17,673 SF Built 1870
Property ID
Property summary
AI-generated overview

This exceptional 2,615 square foot office suite resides on the second floor of the prestigious 1870 Merchants Mutual Insurance Building on Galveston's Strand. The space boasts stunning original hardwood floors, exposed brick walls, and soaring ceilings, creating a unique and desirable atmosphere. Large windows offer abundant natural light and captivating views of the vibrant Strand. The layout includes five private offices – one spacious enough to serve as a private conference room – three bathrooms, a well-equipped kitchen, and a sizable common area perfect for collaborative work or additional workstations. This single-tenant space is ideally situated in the heart of downtown Galveston, providing unparalleled access to a wealth of shops, restaurants, and businesses. The building itself is a four-story structure, built in 1870, and comprises 17,673 total square feet. Water and trash services are included in the lease. While there is no on-site parking, the property's central location offers easy access to various parking options in the surrounding area. The address is conveniently located near 24th Street. This is a rare opportunity to secure a truly remarkable office space in a historically significant building within Galveston's most sought-after commercial district.

Property profile
Verified
Property type Office Spaces
Year built 1870
Total area 17,673 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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