130 E Goodnight Ave - Restaurant FOR SALE


Aransas Pass, TX 78336
$595,000 USD
361-249-2876
130 E Goodnight Ave, Aransas Pass, TX for Sale
$595,000 USD
Restaurant - FOR SALE
1/40
null | 18.8% Cap Rate

130 E Goodnight Ave
Aransas Pass, TX 78336


HIGHLIGHTS

  • Location supplying millions of consistent vehicle traffic counts per year, size of building, one story, additional parking lot space, high growth area

OVERVIEW

PRIME LOCATION, LOCATION, LOCATION for any and all investments with traffic counts in the 20,000 vehicle counts per day average. Pair that with 5000 square feet of interior space and an additional 4000 square feet of exterior revenue generating space this property has all is needed to be a great investment for its next owner. Total Land and Building square footage is just under 1/2 Acre at .44 Acres of prime development location. The property also has ample parking areas along the rear of the building, Corner Lot location, and Alleyway Access for additional ingress and egress if desired. Currently Zoned " GB " General Business under the City Of Aransas Pass which allows a very wide range of uses for the property. Having went through extensive remodeling to over half of the interior of the building in 2017/2018 which included new city water supply service and lines, new city sewer service, new 3 phase electrical service to the building, new natural gas supply lines, spray foam insulation, hvac system upgrades, and men/women restroom facility installations were some of the major improvements completed to the property. This property also has historically significant past with prior use as the local jail and fire department needs for the area. Located directly across from HEB, less than a block from the historical downtown zone with other locally growing businesses, the chamber of commerce and on the direct route of all travelers accessing the ferry system that services millions of people back and forth to Port Aransas, Texas every year. Most recent use of the building was a beer and wine Brew Pub and currently in ready to re-start All equipment including jacketed stainless steel brew tanks and chillers, tables, pos system equipment, glassware, cooking equipment, keg/food cooler room, freezers, on demand gas water heater is included in the sale ( see attached list of equipment included in the attachments along with other important information details. Other major points of interest is Aransas Park Water Park, Port Aransas Beach, Rockport Art District, Rockport Beach, Lexington Naval Aircraft Carrier, Texas State Aquarium, Aransas Bay Fishing, Deep Sea Fishing Charters, Conn Brown Harbor, Rialto Theatre, and tons of local shopping and events all within 30 minutes or less from this location. Make this property and your business the next point of interest and successful investment into a growing, expanding, exciting gulf coast area.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

18.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Convenience Store, Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

GB

APN/PARCEL ID

67341,67349

ASK ABOUT THIS PROPERTY

James AndrewAqua Terra Real EstateMore Info
361-249-2876

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James AndrewAqua Terra Real EstateMore Info
361-249-2876

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.