Published on: Friday, August 22, 2025
Updated on: Friday, August 22, 2025
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About the Lister
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Name: TIM LARSON
Company: Keller Williams Memorial/KW Commercial
Office Phone: (713) 461 9393
Cell Phone: (281) 508 0800
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  Property For sale in Galveston
1528 Post Office St Galveston Texas , 77550
1528 Post Office St Galveston Texas , 77550  Keller Williams Memorial/KW Commercial
Listing ID: CL-Texas-26139

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Texas-26139
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1970
Building Size: 45,939.00 SqFt
Lot Size: N/A
No of Stories: 2
No of Parking: 50
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Prime Mixed Use Commercial Property For Sale with the opportunity for a wide variety of separate or combined uses.
Complete Details
Year Build: 1970
Building Size: 45,939 SqFt.
No of Stories: 2
Total Lot Area: N/A SqFt.
No of Parking: 50
No of Total Units: 4
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: C
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
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:

  • Senior care or assisted living

  • Student or workforce housing

  • Transitional living or a private school

  • A recreation facility or artist colony

  • 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.

Additional Properties
Property Highlights
  • Prime location near Galveston’s historic Strand area
  • Four multi-story buildings with ~45,939 sq. ft. of living space
  • Former uses include medical rehabilitation, long-term care, and educational facilities
  • Includes a gymnasium, offices, dining areas, activity rooms, and living quarters
  • Ample parking and attractive outdoor spaces with mature trees. Situated on two parcels, occupying a full city block
  • Additional information: https://myalfconsultant.com/places/former-hq-assisted-living-for-sale-galveston-texas/
Features
  • APN: 3505-0495-0000-001 & 3505-0495-0000-002
  • Investment Sub Type : Continuum of Care
Listing Location
Lister's other Properties
Title: Exclusive Property For Sale
Address: 6444 Central City Blvd , Galveston Texas 77551
Listing ID: CL-Texas-26140
Listing Type: Commercial
Category: Special Purpose - Assisted Living Residences
Status: Accepting Offers
Created On: 8/22/2025
Modified On: 8/22/2025
6444 Central City Blvd , Galveston Texas 77551
Title: Lad for sale
Address: 29948 Hwy 6 , Alvin Texas 77511
Listing ID: CL-Texas-26138
Listing Type: Commercial
Category: Land - Commercial
Status: Accepting Offers
Created On: 8/22/2025
Modified On: 8/22/2025
29948 Hwy 6 , Alvin Texas 77511
Title: Commercial Land for Sale
Address: 1400 Bayport Blvd , El Lago Texas 77586
Listing ID: CL-Texas-26137
Listing Type: Commercial
Category: Land - Commercial
Status: Accepting Offers
Created On: 8/22/2025
Modified On: 8/22/2025
1400 Bayport Blvd , El Lago Texas 77586
Title: Income Prop Near Beach
Address: 1623 Ave N 1/2, , Galveston Texas 77550
Listing ID: CL-Texas-12937
Listing Type: Commercial
Category: Multifamily - Co-op
Status: Accepting Offers
Created On: 11/22/2024
Modified On: 8/22/2025
1623 Ave N 1/2, , Galveston Texas 77550
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