Prime Commercial Property for Sale – Former Moody Neurorehabilitation Institute, Galveston, TX
This exceptional property, spanning two parcels and occupying an entire city block, is located just a few blocks from the historic Strand area in vibrant Galveston, Texas. Previously serving as the headquarters of the Moody Neurorehabilitation Institute, this campus provided specialized long-term care for individuals with traumatic brain injuries and was formerly a school. The site offers a unique opportunity for redevelopment with a variety of potential uses.
The campus comprises four multi-story buildings with approximately 45,939 square feet of living space, as per estimates from the Galveston Central Appraisal District. The buildings feature a versatile layout, including spaces previously used for offices, dining areas, activity rooms, meeting rooms, bedrooms/living quarters, and a fully equipped gymnasium. The property is complemented by ample parking, well-maintained outdoor common areas, and mature trees that enhance the campus’s inviting atmosphere.
Key Features:
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Prime location near Galveston’s historic Strand area
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Four multi-story buildings with ~45,939 sq. ft. of living space
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Former uses include medical rehabilitation, long-term care, and educational facilities
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Includes a gymnasium, offices, dining areas, activity rooms, and living quarters
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Ample parking and attractive outdoor spaces with mature trees
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Situated on two parcels, occupying a full city block
Potential Uses: This versatile property is ideal for redevelopment into assisted living facilities, an artist colony, veterans’ housing, a school, medical or rehabilitation centers, student or workforce housing, foster care facilities, or other congregate living arrangements.
For more details, refer to the Galveston Central Appraisal District records:
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Parcel 1: https://esearch.galvestoncad.org/Property/View/290427?year=2025&ownerId=406116
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Parcel 2: https://esearch.galvestoncad.org/Property/View/103896?year=2025&ownerId=406116
Don’t miss this rare opportunity to acquire a substantial, well-located property with immense potential in the heart of Galveston. Contact us today to schedule a viewing or discuss development possibilities!
