Listing Summary
Prime Mixed Use Commercial Property For Sale with the opportunity for a wide variety of separate or combined uses.
Full Description
Premier Mixed-Use Property in Historic Galveston
Discover a unique opportunity to acquire an entire city block on 1.79 acres in the heart of the Galveston Historic District. Located at the corner of Post Office and 16th Street, this mixed-use commercial property offers a wide variety of development possibilities.
This site previously served as the headquarters for the Moody Neurorehabilitation Institute and was also a school. The property consists of four multi-story buildings totaling approximately 45,939 square feet, with a versatile layout that includes offices, a commercial kitchen, a full gymnasium, and numerous rooms suitable for living quarters.
Endless Potential
The aesthetically pleasing architecture and ample on-site parking make this an ideal location for redevelopment. This property is well-suited for:
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Senior care or assisted living
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Student or workforce housing
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Transitional living or a private school
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A recreation facility or artist colony
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Other congregate living arrangements
Prime Location
Galveston is a popular coastal resort city and is a short distance from major attractions like The Strand, the Port of Galveston Cruise Terminal, and UTMB. The city's economy is centered on tourism, healthcare, and finance, making it a vibrant and growing community.
Additional Property Available
The owner has also listed their fully-operational assisted living facility, "Tideway," for sale. Located at 6444 Central City Blvd, this 28,961-square-foot facility sits on 3.5 acres next to Galveston Beach.
This licensed 32-bed facility has room for expansion and features quad-style living quarters, a commercial kitchen, and peaceful water views. The remaining 1.5-acre pad site offers a perfect land development opportunity for a "Continuum of Care" expansion project, retail, multi-family units, or other uses.
Quick Glance
- Listing ID:
CL-Texas-26139
- Status:
Active
- Year Build:
1970
- Building Size:
45,939 SqFt
- Lot Size:
N/A