121 CUT OFF ROAD, PORT ARANSAS, TX 78373

Homes for sale in Port Aransas.

Homes for sale in 78373.


121 Cut Off Road

Port Aransas, TX 78373

Status of the property has changed, please contact for details

List Price$2,680,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #452540

6,169

Square Feet

5

Number of Units

Commercial

Type

About This Property

121 Cutoff Road, Port Aransas, TX. Commercial property aka " The Balinese". 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 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. Possible owner finance. High traffic area on Cutoff Road. Broker/Owner. Shown by appointment only.

Property Features

Location Information

County

Nueces

Subdivision

Balinese Flats-Pa

Interior Features

Heating

Central, Electric

Total Number of Units

5

Cooling

Central Air

Exterior Features

Stories

2

Lot Size in Acres

0.67

Construction/Exterior

Block, HardiPlank Type, Concrete, Stucco

Lot Size in Sq. Ft.

28,976

Foundation

Slab

Zoning

Commer

Possession

Close Of Escrow

Buildings

3

Parking Description

Front Entry, Rear/Side/Off Street

Road Description

Concrete

Has Garage

Yes

Has Waterfront

No

Garage Spaces

21

Additional Information

Roof/Attic

Shingle

Property SubType 2

Commercial Sale

Other Utilities

Natural Gas Available, Municipal Utilities

Year Built

1979

Property Type

COM

Status

Active

Property SubType

Office

Square Feet Source

Appraiser

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Mortgage Calculator

$12,515

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$9,657

Monthly Tax

$2,233

Monthly Insurance

$625

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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