2127 Broadway Ave Galveston, TX 77550
- Retail properties
- 9,696 SF
Current Use by Public Records
- Retail properties
Property Details for 2127 Broadway Ave
- Year built
- 1954
- Property size
- 9,696 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional mixed-use property, located at 2127 Broadway (Avenue J) in Galveston, Texas, presents a unique investment opportunity. The 9,696 square foot building, constructed in 1954 and extensively renovated in 2021, boasts a Class A designation and sits on a 5,160 square foot lot. Currently operating at 50% occupancy, the property offers versatile space ideal for a variety of businesses. The zoning is designated as Urban Neighborhood. The building's subtypes include creative office, restaurant, and storefront spaces, making it suitable for a live/work arrangement or separate commercial and residential uses. The first floor has been completely renovated. The upper floor, currently partially occupied, offers significant potential for conversion into residential condos or self-storage units, contingent upon obtaining necessary permits. The addition of a freight elevator could further enhance the self-storage potential. The property includes eight parking spaces, with the possibility of creating three to four additional off-street spaces if the upper floor is converted to condos. The asking price is $995,000. This two-story building presents endless possibilities for creative businesses and entrepreneurs seeking a prime location in Galveston's vibrant urban core. The property is owned by Brett and Veronica Von Blohn.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Galveston
- County
- Galveston
- State
- Texas
- Longitude
- -94.7906
- Latitude
- 29.3001
