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1528 Post Office St - 1528 Post Office St- Galveston ALF Campus 52,206 SF Health Care Building Offered at $5,000,000 in Galveston, TX 77550

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INVESTMENT HIGHLIGHTS

  • Prime location near Galveston’s historic Strand area. Four multi-story buildings with 52,065 SF.
  • Includes a gymnasium, offices, dining areas, activity rooms, and living quarters.
  • Galveston Assisted Living Facility: Post Office Campus
  • Former uses include medical rehabilitation, long-term care, and educational facilities.
  • Ample parking and attractive outdoor spaces with mature trees. Situated on two parcels, occupying a full city block.

EXECUTIVE SUMMARY

Prime Mixed Use Commercial Property For Sale with the opportunity for a wide variety of separate or combined uses. Well suited for senior care, transitional living, student housing, artist colony, private school, recreation facility, and/or other as it encompasses an entire city block on 1.79 acres (78,015 SF Lot) in the Galveston Historic District near The Strand, on Post Office & 16th Street. This property consists of +/- 52,065 SF location with 32+ bed dormitory style rooms, administrative offices, commercial kitchen, and gymnasium. Aesthetically pleasing architecture with unique design features that incorporate sharp lines and blend the various features of the four individual buildings.
This exceptional property, spanning two parcels and occupying an entire city block, is located just a few blocks from the historic Strand area in vibrant Galveston, Texas. Previously serving as the headquarters of the Moody Neurorehabilitation Institute, this campus provided specialized long-term care for individuals with traumatic brain injuries and was formerly a school. The site offers a unique opportunity for redevelopment with a variety of potential uses.
The campus comprises four multi-story buildings with approximately 52,065 SF of living space, as per estimates from the Galveston Central Appraisal District. The buildings feature a versatile layout, including spaces previously used for offices, dining areas, activity rooms, meeting rooms, bedrooms/living quarters, and a fully equipped gymnasium. The property is complemented by ample parking, well-maintained outdoor common areas, and mature trees that enhance the campus’s inviting atmosphere.
Location: Galveston is a coastal resort city and port off the Southeast Texas coast on Galveston Island. Primary beach for Houston, TX. Short distance from The Strand, University of Texas Medical Branch (UTMB), Port of Galveston Cruise Terminal, & Galveston East End beaches. Local attractions include The Seawall, The Strand, Moody Gardens & Schlitterbahn Waterpark, and Pleasure Pier. Much of Galveston's economy is centered in the tourism, health care, shipping, and financial industries. The 84-acre University of Texas Medical Branch campus with an enrollment of more than 2,500 students is a major economic force of the city.
For additional information about this ALF property or others, please visit: https://myalfconsultant.com/places/former-hq-assisted-living-for-sale-galveston-texas/

***In addition to the '1528 Post Office' Campus former senior care facility, the same Ownership group has listed their operational current 'Tideway' Assisted Living Facility For Sale (Asking: $7,250,000). That property is located at '6444 Central City Blvd, Galveston, TX 77551.' It's a +/-28,961 SF facility with room for expansion located on 3.5 acres next to Galveston Beach. The existing business is a fully-operational licensed 32 beds facility with additional beds possible via repurpose opportunity the dormant therapy & aquatic wing. Existing quad style living quarters, activity & great rooms with high ceilings throughout, professional staff offices, commercial kitchen, rear yard with walking trail, water views, and community garden make this a peaceful retirement facility. The remaining +/- 1.5 acre Pad Site is a perfect land development opportunity for a ‘Continuum of Care’ expansion project such as independent living, assisted living, memory care, and skilled nursing allowing for residents to transition to different levels of care. Alternative pad site uses include retail, restaurant, condominium, multi-family units and/or other.

PROPERTY FACTS

Price $5,000,000
Price Per Bed $156,250
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype
Rehabilitation Center
  • Healthcare Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Continuing Care Retirement Community
Lot Size 1.80 AC
Building Size 52,206 SF
No. Beds 32
No. Stories 2
Year Built 1958
Parking Ratio 0.96/1,000 SF
Zoning R-3-H - Residential with Historic Overlay

AMENITIES

  • Wheelchair Accessible
  • Fiber Optic Internet
  • Smoke Detector

ROOM MIX INFORMATION

DESCRIPTION NO. BEDS
FORMER ASSISTED LIVING FACILIT 32
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 3505-0495-0000-001
  • 3505-0495-0000-002
Land Assessment
$2,762,120
Improvements Assessment
$6,385,770
Total Assessment
$9,147,890
  • Listing ID: 36119231

  • Date on Market: 6/5/2025

  • Last Updated:

  • Address: 1528 Post Office St, Galveston, TX 77550

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