Galveston.com  Commercial & Industrial Real Estate :


PinterestDescription: Commercial & Industrial Real Estate - Galveston, TX 77550
COMMERCIAL

List Price: $525,000


Galveston, TX 77550

generalmapphotos

REMARKS

Great investment opportunity! Business not for sale just this large building . It consists 1 commercial & 2 residential units a fenced in courtyard and a 3 car garage, Property is located on the corner of 45th and Ave L, Commercial space is currently leased to Knapp Floral shop and is 3940 sq.ft The 2 residential units are both 3/2 and have central A/C and wood floors. The residence on Ave L is 2340 sq ft. (Tenant # 1) . Tenant #2 unit is 1407 sq ft. and has a lovely screened in porch. Commercial and Tenant 1 pay only electric . Landlord pays Gas Trash and water. Tenant 2 pays all bills. Landlord also pays for sprinkler on separate water bill. Leases run through June 2020 for commercial space and tenant #2. Tenant 1's lease is up 6/2019. Property was updated after 2008 storm, a real gem!

DETAILS

MLS Number
20182829
Type
Commercial Sale
Area
Midtown (In Town)
List Price
$525,000
Total Baths
5
Garage Type
Attached
Garage Capacity
3
Apx Size
7,727 SqFt
Occupancy
Owner
Business Offered
No
Apx Net Rent SqFt
7,627 SqFt
Gross Tax Total
$5,070
Lot Size
10,296 SqFt
Lot Dimensions
-
Gross Annual Expense
$65,040
Ceiling Height
8' - 10'
Road Frontage
City Street
Inside City Limits
No
Room 1 Size
28x36
Room 2 Size
37x16
Room 3 Size
18x10
Room 4 Size
16x13
Legal Description
Lots 13 &14 BLK 104 Galveston
 
 

FEATURES

Leased
100%
Term Tenancy
3 Years or Less
Foundation
Pier/Beam
Roof
Composition
Heating
Central Gas
Cooling
Central Electric
Type Business
Professional Service
Florist/Nursery
Retail
Location
Corner Lot
Parking
Street
Current Utility
Electricity
City Sewer
Trash Removal City
Gas
City Water
Other
Cable TV
Rail Service
No
Signage
Other
Yard Sign
Construction
Other
Misc Interior
Living Area Included
Inside Storage
Showroom
Display Window
Office Restroom
Income Expense
See Remarks
Rent Escalation
None
Sale Includes
Building
Fixtures
Land
Service Furnished
See Remarks
Will Sell
Will Not Divide
Tenant Pays
Electricity
 
 
This property is listed with Tom Schwenk with Tom's Galveston Real Estate.