Foreclosure - Waterfront
Address
136 W Cotter Avenue Port Aransas, TX
Price
$ 7,500,000
Property Attributes
- MLS#6448600
- TypeCommercial
- CountyNUECES
- CityPort Aransas
- AreaOut of Area
- Zip78373
- StyleRetail
- Year Built1980
- Taxes288
- Price$ 7,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5533
- Lot Size1.59 Acres
Listing Provided Courtesy Of:
Gottesman Residential R.E.
Data Source:
Austin Board of REALTORS
Property Description
This 'Port A' landmark site has been home to the legendary Woody's Sports Center for more than 50 years, surrounded by tourist destinations including Fisherman's Wharf, Trout Street Restaurant and Coast House Luxury Condominiums. The Back Porch Bar (lessee) has been serving "beach bums to billionaires" cold drinks and entertainment for nearly two decades, while Harbor Lights Grill (lessee) serves delicious coastal bites from a window inside Woody's next door. The property is Zoned C-2 which is the most favorable zoning you can have in the area, allowing for mixed use, retail, multi-family and restaurant/bars among many other uses. In addition to the property, you also will get the water rights for the Marina and fuel dock. There is a 35-foot height restriction which allows a 3-story development and you are allowed to build out over the water if desired. A historic coastal building is required as well. With 20 million people within driving distance, Port Aransas has long been one of the top tourism markets in the United States. In 2020 Port Aransas became one of the top three vacation rental destinations on Airbnb. In recent years notable upscale communities like Cinnamon Shores, the Moorings at Mustang Beach, and Palmilla Beach Resort have been developed to meet the growing demand for tourism. PROPERTY HIGHLIGHTS: 1.588-acres upland / 225 feet of direct water frontage along the Harbor and Turtle Cove / 0.713 acres of submerged land with Littoral Rights permitted by the Dept. of the Army / Prime location in the heart of 'Port A' tourism / IMPROVEMENTS: 2,884 sqft retail building / 1,742 sqft bait house / 907 sqft bar & covered area / Fully leased 30-boat slip marina, piers, and fuel dock ***Co-Listed with Keith McMullin, Broker - Port Aransas Realty***
| Price History | |
|---|---|
| 1/20/2021 | Listed $7,500,000 |
General Features
| Accessibility | None |
|---|---|
| Building Features | SeeRemarks |
| Business Type | BarTavernLounge |
| Current Use | Retail |
| Flooring | Wood |
| Heating | Central |
| MLS Area | Out of Area |
| New Construction | No |
| Parking Features | AdditionalParking, Concrete, ParkingLot |
| Property SubType | Retail |
| Property Type | CommercialSale |
| Sewer | PublicSewer |
| Special Listing Conditions | RealEstateOwned |
| Terms | Cash, Conventional |
| View | Water |
| Zoning | C-2 |
| Zoning Description | C-2 |
Interior Features
| Air Conditioning Y/N | Yes |
|---|
Exterior Features
| Building Area Total | 5533.0 |
|---|---|
| Horse Y/N | Yes |
| Lot Size Acres | 1.59 |
| Lot Size Area | 1.59 |
| Lot Size Source | Appraiser |
| Number of Buildings | 3 |
| View Y/N | Yes |
| Water Source | Public |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 78373
Price
Taxes
Visits
Year Built
Walkscore
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
IDX
