5302 Broadway AveGalveston, TX 77551

Property Details for 5302 Broadway Ave

Year built

1957

Property size (Sq ft)

26,000 SF

Property type

Industrial properties

Property subtype

Other retail properties

Description

This exceptional redevelopment opportunity presents a unique investment in Galveston, Texas. Located at 5302 Broadway Avenue J, this property boasts a prime location on a hard corner of a major thoroughfare, offering unparalleled visibility and accessibility. The 44,000 square foot lot encompasses two buildings totaling 26,000 square feet, built in 1957. The property's mixed-use zoning allows for a variety of development options, making it ideal for investors seeking a high-return project. Its strategic location is further enhanced by its adjacency to the new 300+ unit Oleanders multi-family development and its proximity to a McDonald's restaurant, ensuring high foot traffic and strong potential for future growth. The asking price for this significant Galveston property is $1,500,000. This is a rare chance to acquire a substantial land parcel in a thriving area, ripe for redevelopment and poised for significant returns. The property's current configuration includes an apartment building, gas station, and quick-service restaurant (QSR) components, presenting a diverse range of possibilities for future development. Bring your vision and proposals for this exciting investment. The property is zoned for mixed-use development, offering flexibility for a variety of commercial and residential projects. This is a truly exceptional opportunity to capitalize on the growth and potential of Galveston's dynamic real estate market.

Location Insight

City

Galveston

County

Galveston

State

Texas

Latitude

29.2916

Longitude

-94.8268

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].