1902 Ursuline St - Salty Dog
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1902 Ursuline St - Salty Dog
2,896 SF Specialty Building Offered at $625,000 at a 6.90% Cap Rate in Galveston, TX 77550
Executive Summary
Excellent turnkey investment opportunity with a 6.9% capitalization rate, fully leased and ready for a new owner. This historic property on Galveston Island, Texas, features a charming corner store on the first floor with a spacious second-floor residence. Enjoy the blend of commercial and residential spaces in a vibrant location near the Gulf of Mexico’s beautiful beaches and Galveston’s quaint downtown.
Galveston Island is part of the Houston metropolitan area, strategically located close to Mexico and the Gulf Coast, benefiting from Houston’s economic drivers in maritime, energy, aerospace, and healthcare. Nearby, the University of Texas Medical Branch (UTMB), a renowned health sciences center since 1891, anchors the community with a large campus and multiple hospitals.
Contact us today for inquiries and to schedule a visit.
Galveston Island is part of the Houston metropolitan area, strategically located close to Mexico and the Gulf Coast, benefiting from Houston’s economic drivers in maritime, energy, aerospace, and healthcare. Nearby, the University of Texas Medical Branch (UTMB), a renowned health sciences center since 1891, anchors the community with a large campus and multiple hospitals.
Contact us today for inquiries and to schedule a visit.
Property Facts
| Price | $625,000 | Lot Size | 0.05 AC |
| Price Per SF | $216 | Building Size | 2,896 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Cap Rate | 6.90% | Year Built | 1957 |
| Property Type | Specialty | Parking Ratio | 1.04/1,000 SF |
| Building Class | C |
| Price | $625,000 |
| Price Per SF | $216 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.90% |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 2,896 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.04/1,000 SF |
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Walk Score ®
Very Walkable (85)
zoning
| Zoning Code | MF1 |
| MF1 |
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1902 Ursuline St - Salty Dog
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