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Whiteside Town Flats 217 23rd St 4 Unit Apartment Building $2,500,000 ($625,000/Unit) Galveston, TX 77550
INVESTMENT HIGHLIGHTS
- Adjoins The Tremont House hotel with rooftop lounge.
- 1 Block from The Strand, Galveston’s main event street.
- Built 1870; nearly completely refurbished/updated.
- 3 independent lofts, a retail space, atrium.
- 2 Blocks from Cruise Ship Terminal.
- Unique opportunity to own the entire building: Not subject to prior use restrictions, condominium conversion, and condominium HOA dues.
EXECUTIVE SUMMARY
For the first time in almost 30 years, the coveted and well-maintained vintage 1870 Whiteside Town Flats building at 217 Tremont St. (23rd St.) in Galveston TX is being offered for sale! This three-story building’s prime location is in the absolute heart of downtown Galveston’s thriving Entertainment District. It shares a party wall with the iconic, The Tremont House hotel, making this offering a rare opportunity to own a part of Galveston history. Currently being utilized as the owners’ private residence and office (first and second floors), and short-term rental (third floor), with a small, street level, retail space. The building boasts countless amenities: 5,259 SF (conditioned) consisting of three independent lofts, a retail space, beautiful climatized atrium and a rare, 320 SF outdoor courtyard oasis.
PROPERTY FACTS
| Price | $2,500,000 | Apartment Style | Townhome |
| Price Per Unit | $625,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 4 | Building Size | 5,259 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1870/2020 |
| Zoning | CB | ||
| Price | $2,500,000 |
| Price Per Unit | $625,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 5,259 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1870/2020 |
| Zoning | CB |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 3505-0623-0008-003 | Improvements Assessment | $1,478,220 |
| Land Assessment | $149,780 | Total Assessment | $1,628,000 |
PROPERTY TAXES
Parcel Number
3505-0623-0008-003
Land Assessment
$149,780
Improvements Assessment
$1,478,220
Total Assessment
$1,628,000
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Presented by
Yates Commercial Development, LLC
Whiteside Town Flats | 217 23rd St
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