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1817 Padre Blvd
South Padre Island, TX 78597
Retail Property For Sale
Investment Highlights
- Property is located on state Hwy 100 with plenty of visibility as it's location is in the heart of the Business and Entertainment district.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,428 SF
Building Class
B
Year Built
1940
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.86 AC
Zoning
C - Lot 11,12,13,14 & 15 BLK6 PADRE BEACH SUBDIVISION SECTION I
Parking
48 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
252’ on Padre Blvd
Amenities
- Corner Lot
- Restaurant
- Air Conditioning
About 1817 PADRE BLVD , SOUTH PADRE ISLAND, TX 78597
Property is located on state Highway 100, in the heart of businesses and the Entertainment district. All suites including restaurant and bar are rented. Income is approx 10,500 monthly at this time. This plaza consists of a beauty salon, wedding rental store, Bagel shop, Art gallery, a Bar and Mexican Restaurant and a Tatoo Parlor. Tenants are month to month, rents have not been increased since tenants moved in and the rents are and have been very conservative. The Restaurant, Bar and Bagel Shop have been recently remodeled.The seller has added a new roof on the second floor south side, new inside A/Cs on the restaurant and bar. The Bagel shop's inside and outside and inside A/C units have been replaced.
Property Taxes
| Parcel Number | 676400-0060-011000 | Improvements Assessment | $845,600 |
| Land Assessment | $1,050,000 | Total Assessment | $1,895,600 |
Property Taxes
Parcel Number
676400-0060-011000
Land Assessment
$1,050,000
Improvements Assessment
$845,600
Total Assessment
$1,895,600
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