Well-established motel in the heart of downtown Port Aransas. Nestled on just under 2 acres of prime land along Cut Off Road, Shark Reef Resort offers unmatched potential for continued success or expansion. This turnkey property includes 52 well-maintained rooms, 6 charming cottages, and a leased retail space, offering diverse revenue streams. Sitting on nearly 2 acres, this property offers endless possibilities for creative expansion. On-site laundry facility and plenty of space to house a full-time maintenance team, recently updated pool, recent mechanical systems, windows, and a recently replaced roof. The current configuration includes a spacious lounge area that could easily be transformed into a café, wine tasting room, or other unique guest experiences. Long-term return guests for the past 20 years, showcasing a loyal customer base and consistent bookings.
MLS# | 450001 |
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Listing Type | For Sale |
Style | Industrial |
Sub-Type | Resale |
Status | Active |
Year | 1966 |
Days On Site | 12 |
Listing Provided By | DH Realty Partners Inc | Jorge Gonzalez |
SQ Feet | 28,418 |
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Story(s) | 1 |
Units | 58 |
Building(s) | 9 |
Acreage | 1.94 |
State | TX |
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County | Nueces |
City | Port Aransas |
Zip Code | 78373 |
Community Name | Paradise Add Pa |
Listing VS Median (in Paradise Add Pa) | |
Price: $7,000,000 low | high Med: $7,000,000 SqFt: 28,418 low | high Med: 28,418 $ / SqFt: $246 low | high Med: $246 On Site: 12 low | high Med: 12.000000 |