$900,000
 $5,110 est/mo Sourced by Back At You

2028 Mechanic Street,Galveston, TX 77550

Galveston, TX 77550

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Description

Rare opportunity to own a turnkey, income-producing parking asset in the heart of downtown Galveston. This 0.12-acre surface lot at 2028 Mechanic Street has 18 striped parking spaces and an automated pay system already in place, so it is ready for immediate operation with minimal management. The lot sits in one of the island's busiest pedestrian and vehicle corridors, with high visibility and steady demand from the Historic Strand District, downtown offices, restaurants, nightlife, and the nearby Port of Galveston cruise terminals. Downtown parking is limited and in consistently high demand from visitors, cruise passengers, and the local workforce, which makes this a dependable cash-flow investment. The site also offers long-term flexibility. Opportunities to acquire well-located downtown land are increasingly rare, making this an ideal acquisition for investors, parking operators, and landholders looking for a low-maintenance asset with upside.

Details

MLS #97580530
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site11
Listing Provided ByLatitude 29 Group | Clay Conrad

Features

Acreage0.12

Exterior

Lot FeaturesCorner Lot

Taxes

Tax Annual Amount1400

Location

Community FeaturesCurbs, Gutters

Area Information

StateTX
CountyGalveston
CityGalveston
Zip Code77550
Area33
SubareaDowntown Galveston | The Strand
Community NameGalveston Townsite
Listing VS Median (in Galveston Townsite)
Price:
$900,000
low | high
Med:
$282,388
100% of Average
On site:
11
low | high
Med:
84.5
13.01775147929% of Average
Sourced by Back At You

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Learn More About This Property

StateTX
CountyGalveston
CityGalveston
Zip Code77550
Area33
SubareaDowntown Galveston | The Strand
Community NameGalveston Townsite
Listing VS Median (in Galveston Townsite)
Price:
$900,000
low | high
Med:
$282,388
100% of Average
On site:
11
low | high
Med:
84.5
13.01775147929% of Average
Sourced by Back At You
Listing Updated: October 20, 2026 at 8:30:17 AM PDT