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515 Kempner St 5,940 SF 100% Leased Flex Building Galveston, TX 77550 $875,000 ($147.31/SF)
Executive Summary
Exceptional mixed-use investment opportunity in the heart of Galveston's Historic District. This approximately 5,940-square-foot commercial property offers incredible flexibility for investors, business owners, and entrepreneurs seeking a prime downtown location.
The property features two spacious upstairs residential apartments, each offering 2 bedrooms and 2 bathrooms, creating an excellent opportunity for rental income, owner occupancy, or short-term lodging potential (subject to local regulations).
Ideally situated within walking distance of some of Galveston's most popular destinations, including The Strand Historic District, The Grand 1894 Opera House, MOD Coffeehouse, Rudy & Paco Restaurant, boutique shopping, entertainment venues, galleries, and numerous dining options. The location benefits from strong pedestrian traffic and year-round tourism, making it well-suited for retail, office, restaurant, hospitality, or other commercial ventures.
Whether you're looking to expand your business footprint, generate multiple income streams, or invest in one of Galveston's most sought-after commercial corridors, this unique property offers exceptional potential in an unbeatable location.
Prime Downtown Galveston Location • 5,940 SF Commercial Building • Two 2-Bedroom/2-Bath Apartments • Walkable to Shopping, Dining & Entertainment • Mixed-Use Income Potential
The property features two spacious upstairs residential apartments, each offering 2 bedrooms and 2 bathrooms, creating an excellent opportunity for rental income, owner occupancy, or short-term lodging potential (subject to local regulations).
Ideally situated within walking distance of some of Galveston's most popular destinations, including The Strand Historic District, The Grand 1894 Opera House, MOD Coffeehouse, Rudy & Paco Restaurant, boutique shopping, entertainment venues, galleries, and numerous dining options. The location benefits from strong pedestrian traffic and year-round tourism, making it well-suited for retail, office, restaurant, hospitality, or other commercial ventures.
Whether you're looking to expand your business footprint, generate multiple income streams, or invest in one of Galveston's most sought-after commercial corridors, this unique property offers exceptional potential in an unbeatable location.
Prime Downtown Galveston Location • 5,940 SF Commercial Building • Two 2-Bedroom/2-Bath Apartments • Walkable to Shopping, Dining & Entertainment • Mixed-Use Income Potential
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- Title and Insurance
Property Facts
| Price | $875,000 | Rentable Building Area | 5,940 SF |
| Price Per SF | $147.31 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1940 |
| Property Type | Flex |
| Price | $875,000 |
| Price Per SF | $147.31 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Rentable Building Area | 5,940 SF |
| No. Stories | 2 |
| Year Built | 1940 |
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Exceptionally walkable
90/100
Moderately drivable
60/100
Very bikeable
80/100
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515 Kempner St
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