Published on: Thursday, June 20, 2024
Updated on: Thursday, June 27, 2024
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About the Lister
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Name: TIM LARSON
Company: Keller Williams Memorial/KW Commercial
Office Phone: (713) 461 9393
Cell Phone: (281) 508 0800
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  VERSATILE PROPERTY IN BACLIFF
3131 N Hwy 146. Bacliff Texas , 77518
3131 N Hwy 146. Bacliff Texas                                                                                               , 77518Keller Williams Memorial/KW Commercial
Listing ID: CL-Texas-10729

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 7.37
Net Operating Income: $62,650
Commission Split (%): 0
Quick Glance
Listing ID: CL-Texas-10729
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 66%
Year Build: 1955
Building Size: 5,380.00 SqFt
Lot Size: N/A
No of Stories: 2
No of Parking: 20
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Highly visible signalized corner lot location on the corner of Hwy 146 & Miles Road in Bacliff, TX. Versatile property with either Commercial, Residential, or Mixed-Use. Next to Kemah, South Shore Harbor, & Seabrook.
Complete Details
Year Build: 1955
Building Size: 5,380 SqFt.
No of Stories: 2
Total Lot Area: N/A SqFt.
No of Parking: 20
No of Total Units: 6
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: C
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 66%
Full Description
Highly visible signalized corner lot location on the corner of Hwy 146 & Miles Road in Bacliff, TX. Versatile property with either Commercial, Residential, or Mixed-Use. Next to Kemah, South Shore Harbor, & Seabrook. Bacliff is a waterside community right off of Galveston Bay and the Gulf of Mexico. Local attractions include the Kemah Boardwalk, boating, fishing, restaurants, and more. This 1.12-acre property has approximately 233' of frontage along SH-146 and is part of the SH 99 Grand Parkway Project. The sale includes (3) properties: '3131 Hwy 146'- Bayview Duck Restaurant & Bar/Pub with Walk-In Cooler & (2) Upstairs Apartments (3,380 SF Bldg/9,406 SF Lot); '3131-B Hwy 146'- 22.085 SF Lot with a Ground Lease Mobile Home; '3123 Hwy 146' (800sf/17,077 SF Lot) 'Twice The Ice & Bait Machine' and a Tear Down MH. All Tenants are on Mo-to-Mo Leases. Great opportunity to continue with a Restaurant Bar or any type of business: Retail, Office, Warehouse, Fast Food, Gas Station/C-Store, Automotive/Marine/Boating Sales & Rentals, Mixed Use, Service Business, and/or Other. Low Property Tax Rate: 1.8136%, signalized hard-corner location, Pylon Sign. Centrally located along the southeastern section of SH-146/99 Grand Pkwy. Possible Seller Financing.
Additional Properties
Property Highlights
  • Year Renovated 2000
  • Highly visible signalized corner lot location with Pylon Signage on the corner of Hwy 146 & Miles Road in Bacliff, TX.
  • Versatile property with either Commercial, Residential, or Mixed-Use. Next to Kemah, South Shore Harbor, & Seabrook.
  • The sale includes (3) properties: (1) Bar/Restaurant, (2) Apartments, (2) Mobile Home Tenants, (1) Commercial Ice & Bait Machine
  • Continue with Restaurant Bar Business, or Fast Food, Gas Station/C-Store, Automobile/Marine/Boating Sales & Rentals, Mixed Use, Warehouses, Live/Work, Office with Stabilized Storage Yard, etc.
  • Low Property Tax Rate: 1.8136%, signalized hard-corner location. Centrally located along SH-146/99 Grand Pkwy.
  • Local attractions include the Kemah Boardwalk, boating, fishing, restaurants, bars, and more. Possible Seller Financing.
Listing Location
Attached Documents
  • Download | 23-0187 SUR REV_FINAL.pdf ( 4,430.67KB)
  • Download | Sales Brochure- 3123-3131 Hwy 146, Bacliff, TX 77518- 3 LOTS.pdf ( 10,242.69KB)
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