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Galveston Carriage Place 523 24th St 10,320 SF 100% Leased Office Building Galveston, TX 77550 $825,000 ($79.94/SF)



Executive Summary
The Galveston Carriage Place at 523 24th Street offers a rare chance to own a historic downtown Galveston landmark just steps from The Strand, dining, shopping, entertainment, and nightlife. Built in 1865 as the business and residence of Frederick D. Schmidt, this iconic property blends rich history with outstanding redevelopment potential. Featuring over 10,000 square feet of flexible space, it is well suited for creative offices, boutique hospitality, mixed-use development, event venues, live/work lofts, restaurants, galleries, or a signature destination. Historic features include exposed brick, soaring ceilings, oversized windows, and expansive interiors. Several spaces are currently income-producing, providing flexibility for owner occupancy or future redevelopment. A truly exceptional investment opportunity on Galveston Island.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
10,320 SF
Building Class
C
Year Built
1901
Price
$825,000
Price Per SF
$79.94
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,160 SF
Building FAR
2.00
Lot Size
0.12 AC
Zoning
Commercial
Amenities
- Controlled Access
- Security System
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Galveston Computer Solutions
- Administrative and Support Services
-
99,999 SF
- -
- -
- Galveston.com & Company Inc
- Services
-
99,999 SF
- -
- -
- Mihovil Photography
- Services
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Galveston Computer Solutions | Administrative and Support Services | 99,999 SF | - | - | ||
| Galveston.com & Company Inc | Services | 99,999 SF | - | - | ||
| Mihovil Photography | Services | 99,999 SF | - | - |
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Very walkable
80/100
Moderately drivable
60/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 3505-0444-0008-002 | Improvements Assessment | $683,220 |
| Land Assessment | $234,780 | Total Assessment | $918,000 |
Property Taxes
Parcel Number
3505-0444-0008-002
Land Assessment
$234,780
Improvements Assessment
$683,220
Total Assessment
$918,000
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Galveston Carriage Place | 523 24th St
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