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EXECUTIVE SUMMARY
Discover a rare gem at 1901 Strand Street and 223 19th st in Galveston–an 8,248 sf flex building constructed in 1965, ideally positioned on a coveted corner lot in the vibrant Historic Strand District. This two-story property has a rare approval from the city to build a rooftop deck for hosting events, offering endless possibilities for restauranteurs, retailers,
or adaptive reuse, blending historic charm with modern flexibility. Currently utilized as a storage and warehouse facility, the ground floor boasts expansive open space and an office, while the second floor includes an additional mezzanine area ready for transformation.
Nestled in Galveston's iconic Historic District, this property thrives on high foot traffic and cultural allure, drawing tourists and locals alike. There are multiple historic credits available for this building via local, state and federal tax programs which, if properly positioned, allow for a 10-year property tax freeze as well as up to 55% of the rehab budget reimbursed. With a Walk Score of 87 and Bike Score of 82, it's perfectly situated for walkable, bike-friendly operations. This area is a growing, affluent community with robust daytime activity, making it an ideal spot for businesses seeking prominence in a tourist-driven economy.
Priced for opportunity in one of Texas' most beloved coastal destinations, The Strand Building represents a unique chance to own and revitalize a piece of Galveston's history. Whether envisioning a bustling restaurant, boutique retail space, or mixed-use venture, this property's flexible layout and prime location promise high returns in a market poised for growth.
or adaptive reuse, blending historic charm with modern flexibility. Currently utilized as a storage and warehouse facility, the ground floor boasts expansive open space and an office, while the second floor includes an additional mezzanine area ready for transformation.
Nestled in Galveston's iconic Historic District, this property thrives on high foot traffic and cultural allure, drawing tourists and locals alike. There are multiple historic credits available for this building via local, state and federal tax programs which, if properly positioned, allow for a 10-year property tax freeze as well as up to 55% of the rehab budget reimbursed. With a Walk Score of 87 and Bike Score of 82, it's perfectly situated for walkable, bike-friendly operations. This area is a growing, affluent community with robust daytime activity, making it an ideal spot for businesses seeking prominence in a tourist-driven economy.
Priced for opportunity in one of Texas' most beloved coastal destinations, The Strand Building represents a unique chance to own and revitalize a piece of Galveston's history. Whether envisioning a bustling restaurant, boutique retail space, or mixed-use venture, this property's flexible layout and prime location promise high returns in a market poised for growth.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $999,999 | Rentable Building Area | 8,248 SF |
| Price Per SF | $121.24 | No. Stories | 2 |
| Sale Type | Owner User | Year Built | 1965 |
| Property Type | Flex | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.45/1,000 SF |
| Lot Size | 0.24 AC | ||
| Zoning | LI | ||
| Price | $999,999 |
| Price Per SF | $121.24 |
| Sale Type | Owner User |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 0.24 AC |
| Rentable Building Area | 8,248 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Tenancy | Single |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | LI |
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Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $335,990 | |
| Land Assessment | $429,420 | Total Assessment | $765,410 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$429,420
Improvements Assessment
$335,990
Total Assessment
$765,410
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1901 Strand St
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