1502 39TH STREET, GALVESTON, TX 77550

Homes for sale in Galveston.

Homes for sale in 77550.

1502 39th Street

Galveston, TX 77550

Status of the property has changed, please contact for details

List Price$1,250,000

Listing #29885708

Bedrooms

2 full

Bathrooms

11,322

Square Feet

Number of Units

Multi-Unit Residential

Type

About This Property

Historic 1924 Keystone brick building at 1502 39th St. in Galveston, featuring over 13,000 sq ft of rentable space, including two vacation condos, four commercial units, and more. Originally a pharmacy, it now hosts a bakery, cooking school with a commercial kitchen, market, community center, and private gym. The property has central HVAC, TWIA-permitted roofing, and updated electrical and plumbing. Both condos are fully furnished for rentals: one with 7 bedrooms, 1.5 baths, and the other with 2 bedrooms, 1 bath. A 3,000 sq ft outdoor area includes custom woodwork, cabanas, seating for 24+, a bar, and dual hot tubs. With handicap access on the first floor and 100% occupancy in commercial units, this versatile property is ideal for generating rental income, hosting events, and accommodating diverse commercial tenants in a prime Galveston location.

Property Features

Location Information

County

Galveston

Subdivision

Galveston Outlots

MLS Area

East End

Directions

From i45 South Continue onto Broadway Avenue J ? Pass by Auto Plus Auto Parts (on the right in 0.3 mi) ? 1.6 mi Turn right onto 39th St ? Destination will be on the left

Latitude

29.290715

Master Planned Community

Galveston Outlots

Longitude

-94.808691

Interior Features

Interior

Furnished, Handicap Access, Ceiling Fan(s)

Total Number of Units

Fireplace Description

Private Entrance

Exterior Features

Style

Split Level

Parking Description

Paved

Stories

Lot Description

Corner Lot, Other

Is New Construction

Lot Size in Acres

Construction

Brick

Lot Size in Sq. Ft.

7,740

Exterior

Private Entrance

Is One Story

School

School District

Galveston

Middle School

GISD OPEN ENROLL

Elementary School

GISD OPEN ENROLL

High School

BALL HIGH SCHOOL

Additional Information

Finance Available

Cash, Conventional, Investor Financing

Year Built

1961

Property Type

Status

Active

Property SubType

Duplex

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Mortgage Calculator

$5,836

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$4,504

Monthly Tax

$1,041

Monthly Insurance

$291

Term

yrs

Interest Rate

Down Payment

List Price

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

Listing Courtesy of: RE/MAX Leading Edge 409-795-4289

All information provided is deemed reliable but is not guaranteed and should be independently verified. Certain information contained herein is derived from information which is the property of, and copyrighted by, Houston REALTORS® Information Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use. This information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the Houston REALTORS® Information Service (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HAR or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy.

HAR - Houston data last updated at November 18, 2025, 2:05 PM CT