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26419148
26419149

2309 The Strand, Galveston, TX 77550

DH
TX 0691307
Zann Commercial Brokerage, Inc.
Listed by Zann Commercial Brokerage, Inc.
$2,000,000
309 days on market
Updated 45 days ago

Historic Rosenberg Building

Details
Property Type Mixed Use, Retail
Sub Type Storefront
Square Footage 13,932
Units 11
Cap Rate 9.40%
NOI $187,963
Occupancy 100%
Tenancy Multi
Price per SqFt $144
Year Built 1871
Year Renovated 2024
Buildings 1
Stories 3
Acreage 0.120
Zoning General Commercial

Mixed Use | 9.40% CAP | 13,932 SqFt

Marketing description

The Rosenberg Building is a Historic mixed tenancy investment opportunity centrally located within the Galveston Island Historic Strand District - Galveston's primary shopping and tourism zone. The property is fully leased with first floor retailers and upper floor residences. The residential units, building façade, and common areas have been fully renovated recently and a new roof overlay was installed in June of this year. The immediate location benefits from the Cruise terminal's 2.2 M annual visitors and Galveston's growing annual 7 M unique visitors enticed by nationally relevant annual events and festivals and a rising number of unique eateries and over 61 bars. Galveston generates over $833 M in total annual spending and hosts over 6,000 hotel rooms with a critical density of rooms in the Strand area within walking distance of The Rosenberg Building.

Investment highlights

Listing Contacts

DH
TX 0691307
Zann Commercial Brokerage, Inc.
Listed by Zann Commercial Brokerage, Inc.

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$187,963.00
$15,663.58/mo

Valuation Metrics

0
DSCR
9.4%
Cap Rate
9.4%
ROI

Map

Zoning

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View all 111 uses
View all 111 uses
Last updated May 13, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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