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314 Cut Off

Port Aransas, TX 78373
  • $10,000,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 411750
New On Site 5 Days Ago
UPDATED: 37 min ago
$10,000,000
  • 0
    BEDS
  • 1.94
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 28,418
    SQFT
  • $352
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1966
County:
Area:

School Ratings & Info

Description

Successful Motel in the heart of downtown Port Aransas. Once in a lifetime opportunity to own a piece of history that has been lovingly maintained and cared for. Live on site in the 2 bedroom condo that is well appointed. Add retail and or continue renting as a hotel. 52 Rooms plus 5 cottages and a leased retail space is the current configuration. With just under 2 acres of prime land on the cut off road this property has so many possibilities. There is a spacious lounge area that can be converted back to a morning breakfast cafe or evening wine taste room let your imagination run wild. No flooding during Harvey. Very little damage. All rooms have been remodeled and furniture is updated. Mechanicals, windows and roof all recently replaced. Onsite laundry facility. Room to house a maintenance team. Rooms have kitchenettes. There are several configurations. This can be hands on or strictly investment. Good cash flow. Manager willing to stay on if you want to invest and live off island.

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© 2023 Coastal Bend Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or KNM Premier. Data last updated: 2023-01-30T09:52:39.69.
www.kmrealestate.com/homes/136429715
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314 Cut Off Port Aransas, TX 78373

  • Price: $10,000,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 37 min ago
  • MLS #: 411750
0
Beds
0
Baths
0
½ Baths
1.94
Acres
28,418
SQFT
$352
$/SQFT
1966
Built
Neighborhood:
Paradise Add - Pa
County:
Nueces
Area:
Port Aransas
Property Description
Successful Motel in the heart of downtown Port Aransas. Once in a lifetime opportunity to own a piece of history that has been lovingly maintained and cared for. Live on site in the 2 bedroom condo that is well appointed. Add retail and or continue renting as a hotel. 52 Rooms plus 5 cottages and a leased retail space is the current configuration. With just under 2 acres of prime land on the cut off road this property has so many possibilities. There is a spacious lounge area that can be converted back to a morning breakfast cafe or evening wine taste room let your imagination run wild. No flooding during Harvey. Very little damage. All rooms have been remodeled and furniture is updated. Mechanicals, windows and roof all recently replaced. Onsite laundry facility. Room to house a maintenance team. Rooms have kitchenettes. There are several configurations. This can be hands on or strictly investment. Good cash flow. Manager willing to stay on if you want to invest and live off island.
Exterior Features

Levels One Parking Features AsphaltCoveredFrontentryRearsideoffstreet Roof Flat

Interior Features

Cooling OtherZoned Cooling YN Yes Heating OtherZoned Heating YN Yes

Property Features

Building Area Total 28418 Foundation Details Slab Listing Terms CashConventional Lot Features Other Property Sub Type Other Sewer Publicsewer Stories 1 Tax Legal Description Paradise Addition - Pa Lot G 1.935 Tax Lot G Utilities MunicipalutilitiesSeweravailableWateravailable Water Source Public

Listing provided courtesy of Silver Sands Realty Llc: 361-749-0068. © 2023 Coastal Bend Multiple Listing Service.


© 2023 Coastal Bend Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or KNM Premier. Data last updated: 2023-01-30T09:52:39.69.
 
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