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The Balinese 121 Cut Off Rd 6,169 SF 100% Leased Office Building Port Aransas, TX 78373 $3,008,896 CAD ($487.74 CAD/SF)
Investment Highlights
- High traffic area
- Five vacation rentals and a heated saltwater pool
- Flex space for office , retail etc.
- Great location in the heart of Port Aransas
Executive Summary
121 Cutoff Road, Port Aransas, TX. Commercial property aka “ The Balinese”. ASK ABOUT OWNER FINANCING. Desirable location in town Port Aransas. Property consists of the main building approximately 4489 sq. ft plus 4 modern rental suites and a salt water swimming pool. Current use of the main building is 2232 sq. ft. of office space with a full kitchen. The entire office space has been leased to anchor tenant Stewart Title on a five year triple net lease. 1637 sq. ft. of Wellness Spa & Boutique would be available for new owners use or could be leased out. Also includes an on site laundry facility. There is an additional 620 sq. ft. one bedroom apartment at the north end of the building with a fenced in yard. Impact windows throughout. Roof was replaced in December 2017. Property in X flood zone with elevation over 13’. Main building also includes a 750 sq. ft. roof top covered deck with views of the ship channel. 4 modern studio suites in back built in 2019 with a beautiful 11 x 30 pool. Two additional storage rooms. Hardi board construction. These suites are currently vacation rentals. Lot is 0.665 acres or 28,974 square feet. Great opportunity to convert this commercial property to meet your needs. Ideal location for offices, retail or medical facility. Lighted sign recently rebuilt/ refurbished. High traffic area on Cutoff Road. Broker/Owner. Shown by appointment only.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
6,169 SF
Building Class
B
Year Built
1960
Price
$3,008,896 CAD
Price Per SF
$487.74 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,169 SF
Building FAR
0.21
Lot Size
0.66 AC
Zoning
Commercial
Parking
21 Spaces (3.4 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Kitchen
- Monument Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Stewart Title
- Finance and Insurance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Stewart Title | Finance and Insurance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 200115046 | Improvements Assessment | $589,135 CAD |
| Land Assessment | $1,188,745 CAD | Total Assessment | $1,777,880 CAD |
Property Taxes
Parcel Number
200115046
Land Assessment
$1,188,745 CAD
Improvements Assessment
$589,135 CAD
Total Assessment
$1,777,880 CAD
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The Balinese | 121 Cut Off Rd
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