Your Chance To Get Galveston Tourists To Help Pay Your Mortgage

2427 Market St., Galveston, TX, 77550

Atop the retail-harboring ground floor of this 1878 building now for sale in Galveston is a living space — or several, the listing suggests, if you’re willing to get creative. The 2-story mixed-use RF Martin & Company building at the southeast corner of 25th and Market streets (a few blocks south of the Strand, and of the Galveston Ship Channel cruise terminals) went up for sale early last week. The asking price is currently set at $1.4 million — though the listing says that can be offset by income from the street-level tenants (currently including eclectic cafe Eatcetera and stationary station Betsy by Design), or a potential conversion of the space into condos or a boutique hotel.

Here’s the view from Market St.:

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2427-market-st-002

The upstairs area includes a woodworking shop that the listing implies is ripe for condo-conversion:

2427 Market St., Galveston, TX, 77550

2427 Market St., Galveston, TX, 77550

That’s adjacent to a living room . . .

2427 Market St., Galveston, TX, 77550

2427 Market St., Galveston, TX, 77550

. . . which opens to a small kitchen:

2427 Market St., Galveston, TX, 77550

2427 Market St., Galveston, TX, 77550

2427 Market St., Galveston, TX, 77550

2427 Market St., Galveston, TX, 77550

Other utility areas are tucked around:

2427 Market St., Galveston, TX, 77550

2427 Market St., Galveston, TX, 77550

2427 Market St., Galveston, TX, 77550

2427 Market St., Galveston, TX, 77550

2427 Market St., Galveston, TX, 77550

2427 Market St., Galveston, TX, 77550

Downstairs is another small efficiency-style living space, as well as a handful of retail slots. The exisitng restaurant space opens toward 25th St.:

2427 Market St., Galveston, TX, 77550

2427 Market St., Galveston, TX, 77550

2427 Market St., Galveston, TX, 77550

Another retail spot opens out to Market:

2427 Market St., Galveston, TX, 77550

2427 Market St., Galveston, TX, 77550

2427 Market St., Galveston, TX, 77550

Photos: HAR

Market St. Market

3 Comment

  • 1954 building? Probably more like 1894.

  • Galveston CAD has the building listed as built in 1954. However, the National Register of Historic Places lists its construction as “1878”. Based on the building’s architecture and the history of the downtown, I am inclined to rely on the latter.

  • Thanks, Beach Bum and Porchman! It’s been fixed!