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 storageideal for live/work setups or staff use. Only one block from the Galveston Cruise Terminalwhere passenger traffic has doubled in the last five years and is expected to reach 3.6 million visitors this yearthis property sits at the epicenter of growth and tourism.
Property Features
Bedrooms
- Bedrooms: 1
- Bedroom 1 Dimensions: 10' x 15'
- Bedroom 1 Level: First
Other Rooms
Bathrooms
- Total Bathrooms: 2
- 1/2 Bathrooms: 2
Heating and Cooling
- Cooling Features: CentralAir, Electric
- Heating Features: Central, Electric
- Heating: Yes
Homeowners Association
- Association: Yes
- Association Fee: 388
- Association Fee Frequency: Monthly
- Association Fee Includes: Insurance, MaintenanceGrounds
- 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: 6852
- Source Listing Status: Active
- County: Galveston
- Directions: On the South East corner of 25thStreet (AKA Rosenberg) and Strand Street
- Tax Year: 2019
- 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
- Postal Code Plus 4: 1822
- Public Survey Section: 100
- 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: Owner
- Architectural Style: Loft
Utilities
- Sewer: PublicSewer
- Water Source: Public