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3601 Morgan Ave 1,229 SF Retail Building Corpus Christi, TX 78405 $174,900 ($142.31/SF)
INVESTMENT HIGHLIGHTS
- Prime Corner Location
- Additional Rear Space
- Spacious Layout
- Separate Office
EXECUTIVE SUMMARY
Corner business located on Morgan & Virginia Dr. This property is currently operating as a neighborhood bar with tenant. Open area & bar plus an additional rear space. Separate office & 4 bathrooms.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
1,229 SF
Building Class
C
Year Built/Renovated
1940/2000
Price
$174,900
Price Per SF
$142.31
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.20 AC
Parking
20 Spaces (16.27 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 182686 | Improvements Assessment | $44,444 (2025) |
| Land Assessment | $44,698 (2025) | Total Assessment | $89,142 (2025) |
PROPERTY TAXES
Parcel Number
182686
Land Assessment
$44,698 (2025)
Improvements Assessment
$44,444 (2025)
Total Assessment
$89,142 (2025)
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3601 Morgan Ave
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