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Retail Center on Canal near Kemah Boardwalk 616 Marina Bay Dr

6,775 SF 100% Leased Retail Building Kemah, TX 77565 $1,600,000 ($236/SF)

Investment Highlights

  • 100% Tenant Occupied
  • Entire center has canal access plus expansive deck.
  • Prominent location near Kemah Boardwalk with excellent frontage.

Executive Summary

Incredible Investment Opportunity just minutes from the Kemah Boardwalk with frontage on Marina Bay Drive (FM 2094). ± 6,775 SF Building ± 26,005 SF 100% Leased with canal access and expansive decks.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,775 SF
Building Class
C
Year Built
1969
Price
$1,600,000
Price Per SF
$236
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.59 AC
Parking
26 Spaces (3.83 Spaces per 1,000 SF Leased)
Frontage
164 FT on Marina Bay Drive

Amenities

  • Pylon Sign
  • Signage
  • Waterfront
  • Recessed Lighting
  • Air Conditioning

Nearby Major Retailers

IHOP
Chili's Grill & Bar
Starbucks
Woodforest Bank
ALDI
Denny's
Saltgrass Steak House
Aquarium Restaurant
Bubba Gump Shrimp Co
Landry's Seafood House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4595-0000-0000-003
Land Assessment
$78,020
Improvements Assessment
$725,580
Total Assessment
$803,600
  • Listing ID: 29904564

  • Date on Market: 10/27/2023

  • Last Updated:

  • Address: 616 Marina Bay Dr, Kemah, TX 77565

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