314 S Cut Off, Port Aransas, TX 78373
sale
$7,000,000
|
Other
Courtesy Of DH Realty Partners Inc
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 cafe, 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.
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Property Features
- Age: Over 50 Years Old
- Building Units: 58
- Cooling System: Window Unit(s)
- Cooling System: Central Air
- Floors: 1
- Legal Description: PARADISE ADDITION - PA LOT G 1.935
- MLSID: 450001
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