Remarks

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.

Details

MLS#: 450001
Price: $7,000,000

Style: Industrial
Sq Ft: 28418
Year Built: 1966

County: Nueces
Subdivision: Paradise Add - Pa