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Investment Highlights

  • Rare opportunity to acquire a trophy hospitality asset
  • Established, cash-flowing business
  • Prime coastal real estate
  • Strong brand recognition

Executive Summary

Rare opportunity to acquire an iconic, high-performing bar with prime downtown real estate in Port Aransas. The Salty Dog Saloon is a well-established, alcohol-focused operation with strong margins, consistent cash flow, and a loyal base of both tourists and locals.
The offering includes both the operating business and the underlying real estate, positioned in a highly desirable, walkable nightlife corridor with limited availability for similar uses. The business delivers solid in-place returns with additional upside through expanded programming, events, and marketing.
Ideal for 1031 exchange buyers seeking income-producing coastal asset.
Downtown coastal assets of this caliber are rarely available. The valuation reflects a combination of prime real estate, strong financial performance, and irreplaceable market positioning.
The Salty Dog Saloon represents more than a business — it is a piece of Port Aransas culture, ready for its next chapter under new ownership.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Bar
Building Size
4,800 SF
Building Class
B
Year Built
2019
Price
$6,865,450 CAD
Price Per SF
$1,430.30 CAD
Cap Rate
8%
NOI
$549,236 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.15
Lot Size
0.71 AC
Zoning
BUS - Commercial C-2
Parking
60 Spaces (12.5 Spaces per 1,000 SF Leased)
Frontage
115’ on N Alister St

About 203 N ALISTER ST , PORT ARANSAS, TX 78373

Own a Piece of Port Aransas History – The Salty Dog Saloon is for Sale This is a unique opportunity to purchase an iconic Port Aransas bar and entertainment venue with real estate included, located in the heart of one of Texas’ most desirable coastal markets. The Salty Dog Saloon has long been a recognizable name in the Port Aransas nightlife scene, known for its welcoming atmosphere, karaoke nights, themed events, and loyal local and visitor following. The business benefits from strong name recognition, repeat customers, and consistent foot traffic driven by tourism, fishing, boating, and seasonal events. The Real Estate- The property features a modern, purpose-built bar constructed in 2019, designed with durability and functionality in mind. The site sits on a large in-town parcel with excellent access and visibility on the island's busiest corridor. On-site parking supports high-volume events and daily operations. The location is strategically positioned near the beach, marinas, lodging, and other popular Port Aransas attractions, making it a natural gathering point for both locals and visitors. The Business- Operations include: Full bar service Karaoke nights Themed events and food nights Games and social gathering space Live music and entertainment The business model allows for flexibility and growth, with opportunities to expand programming, private events, sponsorships, or enhanced food offerings depending on the buyer’s vision. Investment Highlights- Business and real estate included Established brand with long operating history Prime Port Aransas in-town location Strong tourism-driven market Modern building constructed 2019 Suitable for owner-operator or investor Attractive for 1031 exchange buyers Upside potential through expanded events, entertainment, or operational efficiencies Buyer Profile- This opportunity is well suited for: Hospitality investors Owner-operators seeking a coastal lifestyle business 1031 exchange buyers Groups looking to acquire a recognizable Port Aransas asset Buyers seeking both income and real estate appreciation The Salty Dog Saloon represents more than a business — it is a piece of Port Aransas culture, ready for its next chapter under new ownership.

Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
270811
Land Assessment
$1,381,672 CAD
Improvements Assessment
$721,019 CAD
Total Assessment
$2,102,691 CAD
  • Listing ID: 39821962

  • Date on Market: 2026-03-18

  • Last Updated:

  • Address: 203 N Alister St, Port Aransas, TX 78373

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