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Galveston, TX Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Galveston, Texas Market population: 51K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Galveston TX Properties: 4.3450%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Galveston TX

Common questions from investors exploring commercial real estate in Galveston TX.

What is the overall investment potential of Galveston, TX, considering its demographic and economic trends? +
Galveston's median household income of $43,127, combined with a poverty rate of 19.4% and a health insurance coverage of 84.2%, suggests a relatively stable market with opportunities for growth, particularly in the accommodation and food services sector, which employs 4,444 people, and the retail trade sector, which employs 3,444 people.
How does the city's ethnic diversity and industry mix impact the demand for housing and rentals? +
The city's diverse population, with top ethnicities including White (42.1%), White Non-Hispanic (28.1%), and Hispanic (23.4%), and a foreign-born rate of 16.4%, contributes to a vibrant cultural scene, while the top industries, including accommodation and food services, retail trade, and health care and social assistance, drive demand for housing and rentals, particularly among the 23,419 employed population.
What are the key factors to consider when evaluating the quality of life for renters in Galveston, TX? +
The average commute time of 18.4 minutes, with 76.2% of residents driving alone, and a health insurance coverage rate of 84.2%, indicate a relatively high quality of life, while the poverty rate of 19.4% and a GINI coefficient of 0.514 suggest some income inequality, which may impact tenant stability and rental yields.
How do the city's housing market trends, including median property value and homeownership rate, impact real estate investment decisions? +
The median property value of $143,400 and median property taxes of $2,444, combined with a homeownership rate of 46.2%, suggest a relatively affordable housing market, which may attract investors looking for rental properties, particularly in the accommodation and food services sector, which is a major driver of the local economy.
What role do education and unemployment rates play in assessing the long-term viability of real estate investments in Galveston, TX? +
The high school graduation rate of 82.2% and bachelor's degree or higher rate of 23.1%, combined with an unemployment rate of 5.2%, indicate a relatively educated and employed population, which can contribute to a stable and growing economy, and therefore, a more attractive real estate investment opportunity, particularly in sectors like health care and social assistance, which employ 3,355 people.

Galveston TX Real Estate & City Facts

Key facts and real estate information about Galveston TX.

What are some of the best neighborhoods to live in Galveston? +
Some of the best neighborhoods to live in Galveston include Beachtown, Cedar Lawn, Denver Court, East End Historical District, Evia, Fish Village, Lindale Park, Lost Bayou, and Silk Stocking. Each neighborhood has its unique character and advantages, so it's essential to research and visit them to find the one that suits your lifestyle and preferences.
What are some fun things to do in Galveston? +
Galveston offers a wide range of activities, including visiting the beach, renting bikes, exploring The Strand, building sandcastles, shopping at Murdoch's, and enjoying the historic pleasure pier. You can also visit the Aquarium Pyramid, Rainforest Pyramid, Discovery Museum, and more at Moody Gardens. Additionally, take a ghost tour or a dolphin-watching tour to experience the city's unique charm.
What is the food scene like in Galveston? +
Galveston's food scene is diverse and exciting, with a variety of restaurants serving fresh seafood, southern favorites, and international cuisine. Some popular spots include Gaido's, Miller's Seawall Grill, Number 13, Blvd, The Spot, Nick's Kitchen and Beach Bar, and Yaga's Cafe. There are also plenty of great food trucks and cafes to explore, offering everything from traditional Tex-Mex to gourmet burgers and sandwiches.
What are the pros and cons of living in Galveston? +
The pros of living in Galveston include its beautiful beaches, rich history, and vibrant cultural scene. The city also has a relatively low cost of living compared to other major Texas cities. However, some cons include the potential for hurricanes and flooding, as well as a higher poverty rate and crime rate compared to other parts of the state. Additionally, the city's economy is heavily reliant on tourism, which can lead to fluctuations in employment and income.
Is Galveston a good place to live? +
Galveston can be a great place to live for those who appreciate its unique charm and are willing to adapt to its challenges. The city offers a relaxed, island lifestyle, with plenty of opportunities for outdoor recreation and cultural enrichment. While it may not be the best fit for everyone, Galveston is definitely worth considering for those who value its distinctive character and are looking for a more laid-back pace of life.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Galveston TX Commercial Property: $43,127

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⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
⭐ Featured

Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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