326 N Chaparral St
Corpus Christi, TX 78401
Retail Property For Sale

Premier Fully Renovated Downtown Hospitality Property | Turn-Key | Multiple Deal Structures Available
This fully renovated, landmark property is ideally located in the heart of Downtown Corpus Christi, positioned amid significant new and ongoing development. The downtown core is experiencing rapid growth, highlighted by major projects such as the Hilton Homewood Suites Hotel, currently under construction and projected for completion in 2026, along with numerous additional residential and commercial developments in the immediate area.
All capital investment, construction, design, and operational build-out has been completed. The result is a best-in-class, turn-key asset that allows a new owner or investor to step in without the time, cost, or risk typically associated with redevelopment or business startup.
The building is in excellent condition and the operations are fully stabilized. There is no comparable property of this caliber anywhere in Texas. This asset is widely recognized as one of the most attractive, modern, and iconic hospitality properties in Corpus Christi, setting a new standard for restaurant, bar, entertainment, and family-friendly venues in the market.
Tenancy & Operations
The property is fully leased to two successful and growing concepts: Retro and Prohibition.
• Retro is the only large-scale, family-friendly entertainment venue in Downtown Corpus Christi, offering a full kitchen, arcade and pinball gaming, live entertainment, sports bar, rooftop patio, and nightlife experience.
• Prohibition operates as a private cigar lounge, further diversifying revenue streams and enhancing the tenant mix.
Retro was awarded “Best New Business – Downtown Corpus Christi” in 2023, underscoring the strength of the concept and its market reception.
Flexible Acquisition Options
Ownership is open to multiple deal structures, all of which are negotiable. Options include, but are not limited to:
1. Sale to an investor with tenants and leases in place as an income-producing asset
2. Sale with a leaseback or transition period
3. Sale of the building vacant, with business assets removed upon closing or during an agreed leaseback period
4. Sale of the building together with all business operations and assets for an owner-operator
All reasonable offers and Letters of Intent will be considered.
Property Highlights & Improvements
Originally constructed in 1910 and fully renovated in 2023, the building combines historic character with modern, state-of-the-art infrastructure. Key improvements include:
• Only public rooftop bar & patio in Downtown with skyline and bay views
• Public elevator to the second floor and wheelchair-accessible rooftop ramp
• Updated rooftop patio with reinforced structural steel
• Dumbwaiter from kitchen to second floor
• Largest transparent glass floor in Texas
• Replica of the original Harbor Bridge
• Custom 2-inch thick glass bar countertops with integrated LED lighting
• Four distinct bar areas
• Walk-in cooler and full draft beer system
• New commercial kitchen with upgraded gas lines
• New HVAC systems and ductwork
• New plumbing, electrical wiring, fire sprinkler system, fire alarm panel, and control equipment
• Advanced security alarm system with interior and exterior infrared cameras
• Cat-6 wiring throughout
• State-of-the-art video and sound systems with iPad controls
• New restrooms, fixtures, ceiling fans, interior and exterior lighting, and exterior façade upgrades
The property is truly plug-and-play—an owner can take the keys and continue operations immediately.
Revenue Streams
The building currently supports six distinct income streams:
1. Main first-floor bar
2. Rooftop bar
3. Second-floor lounge and bar
4. First-floor arcade and pinball gaming area
5. Prohibition private cigar lounge
6. Full pizza kitchen
Additional Opportunity
The adjacent property at 322 N. Chaparral Street (approximately 998 SF) is also available for purchase. It is currently used as supplemental storage for Retro and offers further expansion or redevelopment potential. This opportunity is likewise negotiable.
Investment Outlook
With surrounding residential growth, expanding downtown commerce, and the newly opened Harbor Bridge, this offering represents a rare opportunity to acquire a premier, income-producing hospitality asset in one of South Texas’ fastest-growing urban cores.
Please do not disturb tenants or employees. All inquiries must be directed to the listing broker.