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2416 Post Office St 10,320 SF Retail Building Galveston, TX 77550 $1,605,000 ($155.52/SF)
Investment Highlights
- Prime Location
- Mixed-Use Commercial Opportunity
- Commercial Building and Additional Lot
Executive Summary
This unique mixed-use commercial opportunity offers exceptional visibility, flexibility, and long-term upside in one of Galveston’s most active corridors. Positioned between The Strand and Postoffice District and just minutes from the cruise terminal, the property benefits from strong tourism traffic, walkability, and continued investment throughout the surrounding area. The offering includes the main commercial building plus an additional lot, creating opportunities for expanded parking, outdoor activation, future development, or complementary commercial use.
The first floor is currently configured as an established bar and entertainment venue with recent improvements including extensive brickwork restoration, fresh exterior paint, and balcony enhancements. The expansive second floor offers significant value-add potential for office space, private event venue, creative studio, residential conversion, boutique hospitality concept, or additional commercial use.
A rare opportunity for investors, hospitality operators, restaurateurs, or developers seeking a high-exposure asset with flexible use potential in the heart of Galveston.
The first floor is currently configured as an established bar and entertainment venue with recent improvements including extensive brickwork restoration, fresh exterior paint, and balcony enhancements. The expansive second floor offers significant value-add potential for office space, private event venue, creative studio, residential conversion, boutique hospitality concept, or additional commercial use.
A rare opportunity for investors, hospitality operators, restaurateurs, or developers seeking a high-exposure asset with flexible use potential in the heart of Galveston.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
10,320 SF
Building Class
C
Year Built
1965
Price
$1,605,000
Price Per SF
$155.52
Tenancy
Single
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.99
Lot Size
0.24 AC
Zoning
CB
Frontage
100’ on Post Office St
Amenities
- Fenced Lot
- Air Conditioning
- Balcony
Exceptionally walkable
90/100
Moderately drivable
60/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3505-0504-0011-000 | Improvements Assessment | $925,410 |
| Land Assessment | $374,590 | Total Assessment | $1,300,000 |
Property Taxes
Parcel Number
3505-0504-0011-000
Land Assessment
$374,590
Improvements Assessment
$925,410
Total Assessment
$1,300,000
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2416 Post Office St
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