Homes for sale - 1502 39th ST, Galveston, TX 77550

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LJ McGowan

lj.mcgowan@engelvoelkers.com +1(832) 287-3042

$ 1,599,900

Est. payment -/mo

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Active

1502 39th ST Galveston, TX 77550

5 Beds

1 Bath

11,322 SqFt

UPDATED:

11/13/2024 09:03 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 11,322 sqft

Price per Sqft $141

Subdivision Galveston Outlots

MLS Listing ID 29971735

Bedrooms 5

Full Baths 1

Year Built 1961

Annual Tax Amount $13,274

Tax Year 2023

Lot Size 7,740 Sqft

Property Description

Historic 1924 Keystone brick building at 1502 39th St. in Galveston, featuring over 13,000 sq ft of rentable space, including two vacation condos, four commercial units, and more. Originally a pharmacy, it now hosts a bakery, cooking school with a commercial kitchen, market, community center, and private gym. The property has central HVAC, TWIA-permitted roofing, and updated electrical and plumbing. Both condos are fully furnished for rentals: one with 5 bedrooms, 1.5 baths, and the other with 2 bedrooms, 1 bath. A 3,000 sq ft outdoor area includes custom woodwork, cabanas, seating for 24+, a bar, and dual hot tubs. With handicap access on the first floor and 100% occupancy in commercial units, this versatile property is ideal for generating rental income, hosting events, and accommodating diverse commercial tenants in a prime Galveston location.

Location

State TX

County Galveston

Area East End

Interior

Heating Central Electric

Cooling Central Electric

Flooring Tile, Wood

Exterior

Community Features Exercise

Utilities Available Cable, Electric, Gas, Water

Roof Type Other

Building

Lot Description Corner, Other

Faces West

Story 2

Unit Features Furnished,Handicap Access

Structure Type Brick

New Construction No

Schools

Elementary Schools Gisd Open Enroll

Middle Schools Gisd Open Enroll

High Schools Ball High School

School District 22 - Galveston

Others

Senior Community No

Restrictions Other,Zoning

Tax ID 3510-0035-0001-000

Energy Description Ceiling Fans

Acceptable Financing Cash Sale, Conventional, Investor

Tax Rate 1.7477

Disclosures Other Disclosures, Owner/Agent, Sellers Disclosure, Tenant Occupied

Listing Terms Cash Sale, Conventional, Investor

Financing Cash Sale,Conventional,Investor

Special Listing Condition Other Disclosures, Owner/Agent, Sellers Disclosure, Tenant Occupied

Houston Association of Realtors (HAR MLS)

Listed by RE/MAX Leading Edge

LJ McGowan

Advisor | License ID: 716427

+1(832) 287-3042

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