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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
Loft/Creative Space
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 - -
Very walkable
80/100
Moderately drivable
60/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
3505-0444-0008-002
Land Assessment
$234,780
Improvements Assessment
$683,220
Total Assessment
$918,000
  • Listing ID: 40791535

  • Date on Market: 6/4/2026

  • Last Updated:

  • Address: 523 24th St, Galveston, TX 77550

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