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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2425 The Strand Galveston, TX 77550

2,795 SF Built 1898
Property ID
Property summary
AI-generated overview

This exceptional Galveston retail property, located at 2425 The Strand and 202 Rosenberg, offers a unique blend of historic charm and modern amenities. Built in 1898 and renovated in 2006, this 2,795 square foot, single-unit space boasts 20-foot ceilings and original brick interior, preserving the character of the famed Panama Hotel. The property sits on a 5,500 square foot lot and features a full kitchen, a cellar perfect for storage or administrative use, and private his and hers bathrooms. Its prime location at the historic Rosenberg & Strand intersection provides easy access to the heart of Galveston's historic district, placing it within walking distance of numerous hotels, residences, and popular restaurants such as Rudy & Paco's, The Hearsay on The Strand, and Brews Brothers. Ample free parking is available. This is an exceptional opportunity to own a piece of Galveston history in a thriving commercial area. The asking price is $899,999, with a price per square foot of $322. The property is a two-story building and is being offered as a full ownership opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1898
Total area 2,795 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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