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1020 Seawall Blvd

1,712 SF Retail Building Galveston, TX 77550 $950,000 ($555/SF)

Investment Highlights

  • Heavy daytime traffic
  • Flex for Coomercial and/or Residential
  • Waterfront

Executive Summary

Location. Location. Location. This flexible-use building is right in the middle of all of the surging development happening at the East End of the Seawall. This is the ideal property to live and work. Or add to your passive income portfolio with short-term rentals, long-term rentals - the possibilities are limitless. Newly renovated, this building is basically move-in ready and is awaiting your personal touches to make it your own, thriving Seawall location! With a robust daily traffic count, you are front row and center to the best beach views, plus your visibility to thousands of tourists is priceless. The upstairs 2/2 residence offers expansive Gulf views from every window with a balcony to enjoy the saltwater breezes. Downstairs is the perfect location for a retail business. Right-of-way parking spaces also help in attracting drive-by business. There are not many places left on the Seawall to purchase, especially in such a vibrant, improving neighborhood. New roof in 2024.
NO SHOWINGS UNTIL 12/1/24. Complete remodel in progress (upstairs & down) - scheduled completion 12-1-2024.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,712 SF
Building Class
B
Year Built
1972
Price
$950,000
Price Per SF
$555
Tenancy
Single
Building Height
2 Stories
Building FAR
0.79
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
R - Land Use is CL. NMHD : RETAIL-S10. Please call City at 409-797-3660 for any specific zoning/use questions. Roof WPI-8 is pending.
Parking
5 Spaces (2.92 Spaces per 1,000 SF Leased)
Frontage
338 FT on Seawall Blvd

Amenities

  • 24 Hour Access
  • Corner Lot
  • Signage
  • Waterfront
  • Storage Space
  • Recessed Lighting
  • Air Conditioning
  • Balcony

Nearby Major Retailers

CrossFit
Saltgrass Steak House
Denny's
Texadelphia
Chili's Grill & Bar
Starbucks
Frost National Bank
  • Listing ID: 32848977

  • Date on Market: 8/17/2024

  • Last Updated:

  • Address: 1020 Seawall Blvd, Galveston, TX 77550

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