1200 Padre Blvd.

Estimated Monthly Payment: $34,327/mo 1200 Padre Blvd., South Padre Island, TX 78597 MLS# 91120 Commercial Sale Listing Status: Active
5,790 sqft
19
17
0
0

REMARKS:

SUPER LOCATION, CENTRALLY LOCATED COMMERCIAL PROPERTY. THIS PRIME PADRE BLVD. LOTS ARE ON THE EAST SIDE OF PADRE BLVD. WITH BEACH ACCESS. 1100 PADRE BLVD. RESTAURANT HAS APPROX. 5790 S.F. (BUILDING AND EQUIPMENT ONLY) RENTED TRIPLE NET. 1200 PADRE BLVD. WHERE SMALL MOTEL IS CAN BE TORN DOWN TO HAVE LAND TO REBUILD, LOT 4 VACANT LAND. TOTAL ACREAGE FOR ALL IS APPROX. 3.467 AS PER APPRAISAL DIST. 7 SURVEY, GREAT LOCATION! GREAT PROPERTY FOR A GREAT INVESTOR! FLIP FLOP HAS 11,794 SQ FT. LIVING AREA AND RESTAURANT BLDG ONLY HAS 5,790 SQ. FT LIVING AREA AS PER CAD. TOTAL OF 17,584.S.F. RESTAURANT BLDG WAS BLT. IN 1994 AND FLIP FLOP MOTEL IN 1996. MOTEL IS A FIXER UPPER OR TEAR DOWN.

OVERVIEW:

Commercial Sale
Rest.bldg only , flip flop+ Lot 4
Miramar
1996
5790
CAD
3.467
Padre Blvd Frontage

FINANCIAL:

6000000
$83,586
2018

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Chacon Realty, LLC

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Realty LRGV shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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