Excellent turnkey investment opportunity with a 6.9%

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Lot For Sale

1902 Ursuline Street 1902 Avenue N 1902 Avenue N

Galveston, Texas 77550

Community: Galveston Outlots

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$625,000 0.000 acres

Excellent turnkey investment opportunity with a 6.9% capitalization rate, fully leased and ready for a new owner. This historic property on Galveston Island, Texas, features a charming corner store on the first floor with a spacious second-floor residence. Enjoy the blend of commercial and residential spaces in a vibrant location near the Gulf of Mexico's beautiful beaches and Galveston's quaint downtown. Galveston Island is part of the Houston metropolitan area, strategically located close to Mexico and the Gulf Coast, benefiting from Houston's economic drivers in maritime, energy, aerospace, and healthcare. Nearby, the University of Texas Medical Branch (UTMB), a renowned health sciences center since 1891, anchors the community with a large campus and multiple hospitals. Contact us today for inquiries and to schedule a visit.

  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Property Taxes: $7,958
  • MLS #: 20241507
  • Unit Number: 1902 Avenue N
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Contact Information:
Beach Lot For Sale in Galveston, Texas
Listing Agent: Kim Saward, BETTER HOMES AND GARDENS RE GARY GREENE Galveston, 972-489-6694, 409-737-5200 Listing Site, Listing Status: Active
Copyright © 2024 Galveston Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5522066
Viewed 25 times.
Updated: Nov 02, 2024

This property is a Lot located at 1902 Ursuline Street 1902 Avenue N 1902 Avenue N, Galveston, Texas 77550, and is currently For Sale at $625,000.