1020 Seawall Blvd Galveston, TX 77550-6248
This exceptional 1,712 sq ft storefront at 1020 Seawall Blvd, Galveston, TX 77550, presents a unique investment opportunity. Priced at $899,000 ($525.12/sq ft), this vacant property boasts a desirable mixed-use zoning (CL) and is situated on a 1,962 sq ft lot. Built in 1972, the two-story building features one unit with a spacious 2-bedroom, 2-bathroom residence upstairs offering expansive Gulf views and a balcony. The ground floor is ideal for retail, benefiting from high daily traffic counts and convenient right-of-way parking. The property's location at the East End of Seawall Boulevard places it within the heart of surging development, offering unparalleled visibility to thousands of tourists. Its flexible use allows for various income streams, including short-term or long-term rentals, making it an attractive addition to any investment portfolio. The building is newly renovated and move-in ready, awaiting your personal touch to create a thriving business and/or comfortable living space. Available for occupancy on August 27, 2024. Don't miss this rare opportunity to own a piece of Galveston's vibrant beachfront.
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The Dog House Restaurant
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BR Rentals & Concessions Incorporated Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.