1102 Strand St | Galveston, TX 77550
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1102 Strand St
Galveston, TX 77550
Retail Property For Sale
Investment Highlights
- Heavy traffic
- Warehouse and off-street parking
- Convenient location to Port, UTMB
Executive Summary
This approximately 1,200sf commercial building and parking lot is situated is conveniently and strategically located on Harborside Drive, adjacent to the Port of Galveston and directly across the street from UTMB. Total land sf is approx 5,245sf.
Office space and warehouse is being leased for $2,400 with the lease expiring 12/31/24.
Parking lot is is paved and is approximately 2,100sf. East side of parking lot is currently leased on a month-to-moth basis at a rate of $850 per month.
Building recently updated with high-efficiency features. TPO roof. Firestone insulation.
Seller will consider owner financing options.
Office space and warehouse is being leased for $2,400 with the lease expiring 12/31/24.
Parking lot is is paved and is approximately 2,100sf. East side of parking lot is currently leased on a month-to-moth basis at a rate of $850 per month.
Building recently updated with high-efficiency features. TPO roof. Firestone insulation.
Seller will consider owner financing options.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,190 SF
Building Class
C
Year Built
1975
Price
$525,000
Price Per SF
$441
Percent Leased
100%
Building Height
1 Story
Building FAR
0.23
Lot Size
0.12 AC
Zoning
LI
Parking
12 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
231 FT on Harborside
Amenities
- 24 Hour Access
- Signage
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 3505-0731-0008-003 | Improvements Assessment | $160,470 |
| Land Assessment | $16,630 | Total Assessment | $177,100 |
PROPERTY TAXES
Parcel Number
3505-0731-0008-003
Land Assessment
$16,630
Improvements Assessment
$160,470
Total Assessment
$177,100
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