Commercial Property for Sale in Galveston Texas 77551
6444 Central City Blvd., Galveston, Texas 77551
$7,250,000
$250 / sq ft Listed Dec 18, 2025
28,961 sqft
Building
4 acres
Lot
2003
Built
1
Stories
50
Parking
1
Units
About this property
Commercial Property for Sale in Galveston Texas 77551 is a special purpose for sale in Galveston, Texas, listed at $7,250,000. Key details: year built 2003, building size 28,961 sqft, lot size 4 acres, stories 1. Listed by TIM LARSON of Keller Williams Memorial/KW Commercial on LoopingCloud and last updated December 18, 2025.
Rare Coastal Healthcare Acquisition: Licensed 32-Bed TBI/Assisted Living Facility on 3.5 Acres in Galveston
Acquire the Tideway Assisted Living Facility, a specialized, purpose-built $\pm 28,961$ SF Type B Assisted Living facility currently operating as a licensed 32-bed long-term care center for individuals with traumatic brain injuries (TBI). This established, fully operational asset is uniquely positioned on 3.5 acres of coastal real estate, just one block from Galveston Beach.
Key Investment & Operational Advantages:
-
Specialized Service Demand: The facility holds a niche market serving TBI residents, with a strong referral foundation from the Moody Neurorehabilitation Institute. Significant upside potential exists by implementing an external marketing strategy to increase the current 69% occupancy (22 residents).
-
Financial Performance: Projecting $3,936,466 in gross revenue for 2025 (based on seven months of data).
-
Significant Expansion Potential: The property includes a remaining $\pm 1.5$-acre Pad Site ideal for a Continuum of Care expansion (Independent Living, Memory Care, Skilled Nursing) or alternative commercial development (Retail, Condominiums, Multi-Family).
-
Underutilized Space: Offers substantial repurpose opportunity via a dormant therapy and aquatic wing (including an indoor pool) and additional office space.
-
Turn-Key Transition: The sale includes staff support and guidance from Moody Institute to build TBI caseworker referral relationships.
Prime Location:
Located minutes from the University of Texas Medical Branch (UTMB), the facility capitalizes on Galveston's robust healthcare economy and appeal as a retirement and resort destination (The Seawall, Moody Gardens, The Strand).
Note: The separate, vacant $\pm 50,000$ SF "Post Office" property (40 beds, historic district, $5M asking price) is also available for a multi-asset purchase.
Key highlights
- Price per SqFt $250.34
- Pads 2
- Year Renovated 2023
- Zoning COM'L BLDG
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 2003
- Building Size
- 28,961 sqft
- Lot Size
- 4 acres
- Stories
- 1
- Parking Spaces
- 50
- Total Units
- 1
- Building Class
- Class B
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
$250
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $7,250,000 | - | - | - | - |
Features and amenities
Property Features
- Price per SqFt: $250.34
- Pads: 2
- Year Renovated: 2023
- Zoning: COM'L BLDG
- APN: 7124-0000-0001-000; 7124-0000-0002-000
Highlights
- +/-28,961 SF facility with room for expansion located on 3.5 acres next to Galveston Beach.
- Fully-operational licensed 32 beds facility with additional beds possibility.
- Peaceful & well-maintained Assisted Living Facility built in 2003.
- Continuum of Care options include independent living, assisted living, memory care, and skilled nursing.
- The existing Moody Neuro at TideWay is a long-term supported living facility for survivors of brain injury in Galveston.
- Additional information: https://myalfconsultant.com/places/galveston-32-bed-texas-assisted-living-for-sale/
- Moody Neurorehabilitation Institute at TideWay: https://www.moodyneuro.org/tideway/
Location
Address as shown by the lister.
Get directionsAbout this area - Galveston
- Population
- 20,997
- Housing units
- 10,689
- Land area
- 4.0 sq mi
- County
- Galveston
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
1 file to downloadAdditional contacts
2 people to reach- Chase Kocurek - chase@kwcommercial.comRealtor Associate (409) 789-7871
- Sunny Gandhi - Sgandhi@KWCommercial.comRealtor Associate (407) 395-4422
Frequently asked questions
What is the asking price of Commercial Property for Sale in Galveston Texas 77551?
Commercial Property for Sale in Galveston Texas 77551 is listed at $7,250,000. That works out to about $250 per square foot.
Where is Commercial Property for Sale in Galveston Texas 77551 located?
The property is in 6444 Central City Blvd., Galveston, Texas 77551, Galveston County.
What type of property is this?
This is a special purpose for sale in the commercial category.
How big is the property?
The building is 28,961 sqft. The lot is 4 acres.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
TIM LARSON of Keller Williams Memorial/KW Commercial listed this property. Use the Request Info button to send a message or call (713) 461-9393.
When was this listing published?
It was published on December 18, 2025 and last updated on December 18, 2025.
Listing information
- Listing ID
- CL-Texas-27159
- Published
- Dec 18, 2025
- Last updated
- Dec 18, 2025
- Views
- 373
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