523 N Water St
Corpus Christi, TX 78401
Retail Property For Sale

523 N Water Street offers a rare opportunity to acquire a freestanding restaurant building in the heart of downtown Corpus Christi. The 1,920 SF masonry structure sits prominently at the signalized intersection of Water Street and Peoples Street, providing excellent visibility with dual frontage and steady pedestrian and vehicle activity. Its location, just one block from Shoreline Boulevard, places it steps from the Bayfront, popular hotels, business centers and downtown attractions, making it a strategic site for capturing both daytime professionals and evening/weekend visitors. The existing ±20 surface parking spaces are a significant advantage in an area where convenience and accessibility are often limited.
Currently home to Thai Spice, the property is well suited for continued restaurant use, but also offers flexibility for a variety of concepts. A café, fast-casual brand, specialty beverage operator or boutique retail user would all benefit from the steady foot traffic generated by nearby office towers, the adjacent 10-story parking garage and the walkable surrounding streets. With CBD zoning, strong traffic counts and its position within an Opportunity Zone, the site also lends itself to value-add renovation or repositioning.