3622 85Th St Galveston, TX 77554

This exceptional Galveston Island property, located just one block from the historic Seawall at 3622 85th Street, presents a unique investment opportunity. The 3,210 square foot building, constructed in 1985 and extensively renovated in 2023, sits on a 12,371 square foot lot and features two stories with 16-foot ceilings. Currently configured as a multi-use space including a bar and restaurant, with executive office potential, this property generates a strong monthly income of $5,500. The versatile zoning permits commercial, office, retail, and residential uses, offering significant flexibility for future development. The property includes two full bathrooms and two half bathrooms, along with spacious ground-level outdoor living areas. Ample parking is available on the fenced lot, supplemented by street parking. Its successful history as an event space, rented at $250 per hour and marketed on platforms like Peerspace.com and QQartspace.com, demonstrates its high earning potential. The asking price is $825,000. This property is ideal for investors seeking a strong return or entrepreneurs looking for a versatile space in a vibrant Galveston location. The property consists of two units within a single building.