501 Highway 100 W $2,400,000

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    501 Highway 100 W Port Isabel, TX 78578

    Active

    $2,400,000

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    • 4,450 sq. ft.
    • Commercial
    • MLS# 92085
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    Views: 24 Days On Market: 79

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    Property Details

    36 YEARS SUCCESSFUL BUSINESS WITH POSITIVE CASH FLOW! Land, building & business. Unique highway & waterfront location. This is a rare opportunity to invest in a business that has a fantastic reputation and a tremendous loyal customer base. Specializing in fishing tackle and equipment for bay and offshore, extended bait shop, tremendous apparel and gift shop section and a seafood market specializing in fresh local wild caught products. You know you have always wanted to do this and NOW is the rare opportunity Owner is willing to teach the new owner how to operate and make money as well as the knowledgable staff that has worked here for many years.

    Contact

    Padre Elite Team

    Padre Elite Team

    RE/MAX Elite

    Direct: 956-433-5648

    Neighborhood

    78578 (Port Isabel) Demographics

    38 Median Age
    200 Population Density (per sq. mile)
    26% College Educated
    $35,638 Estimated Median Income
    2,991 Estimated Total Home Owners
    1,367 Estimated Total Renters
    69% / 31% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    11,955 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    33 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,400,000
        3/30/2020 10:32:33 AM Status Changed Source New Value: Active
        1/18/2020 9:10:19 AM Price Reduced Source New Value: $2,400,000 -29.41%
        1/14/2020 9:10:13 AM Price Increased Source New Value: $3,400,000 17.24%
        1/13/2020 9:10:00 AM New in Database Source New Value: $2,900,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the South Padre Island MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.