2502 39th St 4,920 SF 100% Leased Flex Building Galveston, TX 77550 $830,693 CAD ($168.84 CAD/SF)



EXECUTIVE SUMMARY
Unlock the potential of this strategically located, income-generating two-story property just 2 miles from the iconic Galveston Sea Wall. With a combination of residential and commercial spaces, this investment offers diverse revenue streams. The upper level houses four well-designed apartments, including two spacious 2-bedroom units and two charming 1-bedroom units, all featuring kitchens, dining areas, and private bathrooms with showers, all apartments are fully leased, plus independent entrances for tenant convenience. On the ground floor, you'll find an established barber shop, thriving for 29 years with a dedicated clientele, as well as a versatile multi-purpose room—currently leased to a non-profit organization—that includes separate men’s and women’s bathrooms. Ample storage space further enhances the utility and appeal of this unique property, which seamlessly blends function and opportunity for investors seeking stable, multi-faceted income.
PROPERTY FACTS
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PROPERTY TAXES
Parcel Number | 6057-0000-0001-000 | Improvements Assessment | $267,626 CAD |
Land Assessment | $49,512 CAD | Total Assessment | $317,137 CAD |