136 W Cotter Avenue, Port Aransas, TX

$7,500,000

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1.59

Acres

About 136 W Cotter Avenue

This 'Port A' landmark site has been home to the legendary Woody's Sports Center for more than 50 years, surrounded by tourist destinations including Fisherman's Wharf, Trout Street Restaurant and Coast House Luxury Condominiums. The Back Porch Bar (lessee) has been serving "beach bums to billionaires" cold drinks and entertainment for nearly two decades, while Harbor Lights Grill (lessee) serves delicious coastal bites from a window inside Woody's next door. The property is Zoned C-2 which is the most favorable zoning you can have in the area, allowing for mixed use, retail, multi-family and restaurant/bars among many other uses. In addition to the property, you also will get the water rights for the Marina and fuel dock. There is a 35-foot height restriction which allows a 3-story development and you are allowed to build out over the water if desired. A historic coastal building is required as well. With 20 million people within driving distance, Port Aransas has long been one of the top tourism markets in the United States. In 2020 Port Aransas became one of the top three vacation rental destinations on Airbnb. In recent years notable upscale communities like Cinnamon Shores, the Moorings at Mustang Beach, and Palmilla Beach Resort have been developed to meet the growing demand for tourism. PROPERTY HIGHLIGHTS: 1.588-acres upland / 225 feet of direct water frontage along the Harbor and Turtle Cove / 0.713 acres of submerged land with Littoral Rights permitted by the Dept. of the Army / Prime location in the heart of 'Port A' tourism / IMPROVEMENTS: 2,884 sqft retail building / 1,742 sqft bait house / 907 sqft bar & covered area / Fully leased 30-boat slip marina, piers, and fuel dock ***Co-Listed with Keith McMullin, Broker - Port Aransas Realty***

Features of 136 W Cotter Avenue

MLS® # 6448600
Price $7,500,000
Bathrooms 0.00
Acres 1.59
Year Built 1980
Type Commercial Sale
Sub-Type Retail
Status Active Under Contract

Community Information

Address 136 W Cotter Avenue
Area Out of Area
Subdivision n/a
City Port Aransas
County Nueces
State TX
Zip Code 78373

Amenities

Utilities Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Parking Additional Parking, Concrete, Parking Lot
View Water
Is Waterfront No
Has Pool No

Interior

Interior Wood
Heating Central
Fireplace No

Exterior

Construction HardiPlank Type

Additional Information

Date Listed January 20th, 2021
Days on Market 258
Zoning C-2
Foreclosure No
Short Sale No
RE / Bank Owned Yes

Listing Map

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