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1915 45th St
Galveston, TX 77550 Lasker Park

$1,375,000 USD

Storefront Retail Residential For Sale • 10,138 SF

Property Details

Property Type Storefront Retail Residential
Total Building Size 10,138 SF
Lot Size 0.14 AC
Year Built 1970
Cap Rate 10.80 %
Tenancy Multiple

0 Transit Score

70 Walk Score

                
                    Highlights
                
                                Mixed-Use Asset (Residential + Commercial + Storage)
                            
                                4 Commercial Storefronts with Long-Term Tenants
                            
                                7 Residential Units (5 two bedrooms & 2 one bedroom units)
                            
                                Additional Detached Residential Structures
                            
                                Multiple Income Streams Providing Diversification
                            
                                Strong Historical Occupancy with value-Add Opportunity Through Rent Optimization

Property Flyers

Rent roll final

Historical Marketing Brochure

Financial Summary (Proforma)

Net Operating Income: $116,893 USD (2025)

Cap Rate:	10.80 %
Total Expenses:	$49,907 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Cutting Edge

Public Transportation

Airport	Drive	Walk	Distance
William P Hobby	56 min	-	40.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	14
Type:	Surface
Included in Rent:	Yes

Sharlene Abghary 713-269-1222 Urban Access Properties

1915 45th St Galveston, TX 77550 Lasker Park