Prime Commercial Condo in the Heart of Galveston's Historic Strand District. An exceptional investment opportunity awaits with this commercially zoned corner-unit condo, located at the intersection of the iconic Strand and Rosenberg streets. Positioned directly on the parade routes for Mardi Gras, Dickens, and Lone Star Rally, this high-visibility location ensures year-round foot traffic and vibrant exposure. Currently permitted for use as both a full-service bar and a stylish boutique, the property offers approximately 2,700 sq. ft. of flexible retail space that can be subdivided for multiple income streams. An additional 245 sq. ft. rear area features a kitchen and a versatile room currently used as a bedroom or storage-ideal for live/work setups or staff use. Only one block from the Galveston Cruise Terminal-where passenger traffic has doubled in the last five years and is expected to reach 3.6 million visitors this year-this property sits at the epicenter of growth and tourism.
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Dimensions: 10' x 15'
- Primary Bedroom Level: First
Other Rooms
Bathrooms
- Total Bathrooms: 2
- 1/2 Bathrooms: 2
Interior Features
Appliances
Heating and Cooling
- Cooling Features: CentralAir, Electric
- Heating Features: Central, Electric
- Heating: Yes
Pool and Spa
Land Info
- Lot Size Acres: 0.35
- Lot Size Source: Appraiser
- Lot Size Square Feet: 15104
Homeowners Association
- Association: Yes
- Association Fee: 388
- Association Fee Frequency: Monthly
- Association Fee Includes: Insurance, MaintenanceStructure
- Calculated Total Monthly Association Fees: 388
- Association Name: Panama HOA
School Information
- Elementary School: GISD OPEN ENROLL
- Elementary School District: 22 - Galveston
- High School: BALL HIGH SCHOOL
- High School District: 22 - Galveston
- Middle School: GISD OPEN ENROLL
- Middle or Junior School District: 22 - Galveston
Condo Info
Rental Info
Amenities and Community Features
- Community Features: CommunityPool
Other Property Info
- Annual Tax Amount: 10633
- Source Listing Status: Active
- County: Galveston
- Directions: Take I-45 South until it turns into Broadway. Take a left on Rosenberg and the property will be on your right at 25th & Strand.
- Tax Year: 2025
- Source Property Type: Residential
- Area: 33
- Property Subtype: condo
- MLS Area Minor: Downtown - Galveston/The Strand
- Source Neighborhood: Panama Historic Condos 2006
- Parcel Number: 5584-0000-0100-000
- Postal City: Galveston
- Public Survey Section: 1
- Subdivision: Panama Historic Condos 2006
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 2795
- Year Built: 1898
- Building Area Total: 2795
- Construction Materials: Brick
- Foundation Details: PillarPostPier, Slab
- Levels: One
- Living Area Source: Appraiser
- Property Age: 127
- Roof: BuiltUp
- Levels or Stories: 1
- Building Total Stories: 1
- Year Built Source: PublicRecords
Utilities
- Sewer: PublicSewer
- Water Source: Public