210 21St StGalveston, TX 77550

For Sale
Call for price

17,071 SF, 8 Units, Net Lease Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Galveston property, the Jockusch Building, presents a unique investment opportunity. Built in 1866 and renovated in 2020, this three-story, 17,071 square foot mixed-use building boasts a rich history. Originally a carriage manufacturing company, it later housed the Maceo Fish and Oyster Company, leaving behind a piece of Galveston's colorful past. Currently configured with eight units, the building features retail spaces on the first floor and two large event rooms on the second ("The Buccaneer Room" and "The Maceo Bakery"). The third floor, retaining its original 1866 character, offers significant potential for conversion into residential lofts or a single large residence. Strategically located on the corner of 21st Street and The Strand, the building includes a substantial 2,500 square foot exterior balcony, ideal for viewing major events like Mardi Gras. The property is a net lease investment, with existing leases in place for Mardi Gras and Lone Star Rally events through 2026. The seller will assist the buyer in navigating these annual events. Fixtures, furniture, and equipment (FFE) will convey with the sale. The building is separately metered for electricity. This is a rare chance to own a piece of Galveston's history and capitalize on its significant potential. Showings are by appointment only

Highlights

  • Historic Galveston mixed-use portfolio (three buildings) totaling 45,995 square feet, built 1857, 1866, and 1894.
  • Buildings feature a large balcony, patios, and are interconnected internally.
  • Currently includes residential, retail, and restaurant tenants with vacant and underutilized spaces; opportunity for value-add.
  • Individually metered for electricity; multiple exterior entrances/exits per building.
  • Long-term leases in place for Mardi Gras and Lone Star Rally events (2025 & 2026); seller assistance with event management.
  • Fixtures, furniture, and equipment (FFE) included; shown by appointment only.

Property Details for 210 21St St

Property type
Other retail properties, Individual retail properties
Square Feet
17,071 SF
Year Built/Renovated
1866/2020
Buildings
1
Stories
3
Units
8

Location Insight

City
Galveston
County
Galveston
State
Texas
Latitude
29.307795941679
Longitude
-94.79195135405
210 21St St, Galveston, Texas

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210 21St St
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