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2202 Avenue L, Galveston, TX 77550 For Sale

SM
TX TX,TX
Pegasus Group OK
Listed by Pegasus Group OK
$475,000
22 days on market
Updated 22 days ago

Mid Town Flex Building

Details
Property Type Office
Sub Type Traditional Office, Flex
Square Footage 3,572
Occupancy 100%
Tenancy Multi
Stories 2
Investment Type Value Add

2202 Avenue L, Galveston, TX 77550

Marketing description

Owner financing available with 50% down — bring half and the owner will carry the rest. Call broker for details.

This 2-story, 3,572 SF flex building in Galveston is a strong investment opportunity for owner-operators or multi-tenant use. The flexible floor plan features smaller private offices that can accommodate individual tenants, growing companies, or larger users. Shared amenities include a conference room, reception desk, and a small attached garage ideal for storage.

The upstairs lends itself to conversion into short-term rentals while the ground floor continues operating as traditional office space — a built-in value-add play.

The property has historically maintained 100% occupancy. The current vacancy is the result of the owner choosing not to renew leases ahead of a prior sale that ultimately fell through due to buyer non-performance — not market demand.

Located two blocks south of Broadway and three blocks east of 25th Street, the building sits at the intersection of Galveston's two primary corridors. Off-street parking included. Convenient to everything the island has to offer.

Listing Contacts

SM
TX TX,TX
Pegasus Group OK
Listed by Pegasus Group OK

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Additional Information

Name
Stanley Marinos
License
TX,TX
Brokerage Phone
+1 409-599-2178
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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