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Specialty Real Estate
314 Cut-Off Road Port Aransas, TX 78373
Details & Description
Price: $7,000,000
    Seize the chance to own an iconic and well-established motel in the heart of downtown Port Aransas. Nestled on just under 2 acres of prime land along Cut Off Road, Shark Reef Resort offers unmatched potential for continued success or expansion. This turnkey property includes 52 well-maintained rooms, 6 charming cottages, and a leased retail space, offering diverse revenue streams. Sitting on nearly 2 acres of prime real estate along the Cutoff Road, this property offers endless possibilities for creative expansion. The current configuration includes a spacious lounge area that could easily be transformed into a breakfast café, wine tasting room, or other unique guest experiences. Imagination is your only limit!
    Property Highlights
     Recent mechanical systems, windows, and a recently replaced roof ensure low maintenance for years to come.
     Long-term return guests for the past 20 years, showcasing a loyal customer base and consistent bookings.
    Additional Photos
    Listing Agents
    James Magill

    O: 361-303-3334
    M: 361-425-1112
    jmagill@dhrp.us
    Jorge Gonzalez V

    O: 361-303-3334
    M: 361-877-1276
    jgonzalez@dhrp.us
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    314 Cut-Off Road

    Port Aransas, TX 78373

    Listing ID: 316140
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    Building Size: 28,365 SF
    Lot Size: 1.940 AC
    Land Size: 84,506 SF
    Building $/SF: $246.78
    Land $/SF: $82.83
    Price
    $7,000,000
    Property Highlights
    52 updated rooms with remodeled interiors, modern furniture, and kitchenettes in select units.
    6 standalone cottages, perfect for extended stays or family getaways.
    Leased retail space on-site, offering an additional income stream.
    2-bedroom on-site condo, ideal for owner-operators or converting into additional rental space.
    Recent mechanical systems, windows, and a recently replaced roof ensure low maintenance for years to come.
    Recently updated pool and a relaxing hot tub for guest enjoyment.
    On-site laundry facility and plenty of space to house a full-time maintenance team.
    Long-term return guests for the past 20 years, showcasing a loyal customer base and consistent bookings.
    No flood damage during Hurricane Harvey and only minimal repairs were needed.
    Description

    Seize the chance to own an iconic and well-established motel in the heart of downtown Port Aransas. Nestled on just under 2 acres of prime land along Cut Off Road, Shark Reef Resort offers unmatched potential for continued success or expansion. This turnkey property includes 52 well-maintained rooms, 6 charming cottages, and a leased retail space, offering diverse revenue streams. Sitting on nearly 2 acres of prime real estate along the Cutoff Road, this property offers endless possibilities for creative expansion. The current configuration includes a spacious lounge area that could easily be transformed into a breakfast café, wine tasting room, or other unique guest experiences. Imagination is your only limit!

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    Port Aransas Area Market Trends

    Listing Demographics for 314 Cut-Off Road Port Aransas, TX 78373

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 314 Cut-Off Road in Port Aransas?
    The asking price for 314 Cut-Off Road is $7,000,000
    What is the building size of this Specialty property in Port Aransas, TX?
    The size of the building/unit at 314 Cut-Off Road in Port Aransas is 28,365 square feet
    How much land does the Port Aransas, TX property at 314 Cut-Off Road include?
    314 Cut-Off Road in Port Aransas includes 1.940 acres of land
    What kind of Specialty is the property at 314 Cut-Off Road?
    The property at 314 Cut-Off Road Port Aransas, TX 78373 is listed as a Hotel/Motel/Resort Specialty property
    What is the population within 1 mile of 314 Cut-Off Road in Port Aransas?
    The population within 1 mile of 314 Cut-Off Road Port Aransas, TX 78373 is 901 people.
    Who do I contact for questions about 314 Cut-Off Road?
    You should contact the listing agent, James Magill, for any details regarding this commercial listing.

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