217 23rd St - Apartments FOR SALE


Galveston, TX 77550- Downtown Galveston
$2,500,000 USD
713-806-5998
217 23rd St, Galveston, TX for Sale
$2,500,000 USD
Apartments - FOR SALE
1/32
null | Request Cap Rate

217 23rd St
Galveston, TX 77550
Downtown Galveston


HIGHLIGHTS

  • Adjoins The Tremont House hotel with rooftop lounge.
  • 3 independent lofts, a retail space, atrium.
  • 1 Block from The Strand, Galveston’s main event street.
  • 2 Blocks from Cruise Ship Terminal.
  • Built 1870; nearly completely refurbished/updated.
  • Unique opportunity to own the entire building: Not subject to prior use restrictions, condominium conversion, and condominium HOA dues.

OVERVIEW

For the first time in almost 30 years, the coveted and well-maintained vintage 1870 Whiteside Town Flats building at 217 Tremont St. (23rd St.) in Galveston TX is being offered for sale! This three-story building’s prime location is in the absolute heart of downtown Galveston’s thriving Entertainment District. It shares a party wall with the iconic, The Tremont House hotel, making this offering a rare opportunity to own a part of Galveston history. Currently being utilized as the owners’ private residence and office (first and second floors), and short-term rental (third floor), with a small, street level, retail space. The building boasts countless amenities: 5,259 SF (conditioned) consisting of three independent lofts, a retail space, beautiful climatized atrium and a rare, 320 SF outdoor courtyard oasis.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$475 USD /SF

# OF UNITS

4

PRICE/UNIT

$625,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whiteside Town Flats

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1870

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,646 SF

ZONING

CB

APN/PARCEL ID

3505-0623-0008-003

ASK ABOUT THIS PROPERTY

Brian YatesYates Commercial Development, LLCMore Info
713-806-5998

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Brian YatesYates Commercial Development, LLCMore Info
713-806-5998

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.