Retail Center on Canal near Kemah Boardwalk | 616 Marina Bay Dr
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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
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
PROPERTY TAXES
Parcel Number | 4595-0000-0000-003 | Improvements Assessment | $725,580 |
Land Assessment | $78,020 | Total Assessment | $803,600 |
PROPERTY TAXES
Parcel Number
4595-0000-0000-003
Land Assessment
$78,020
Improvements Assessment
$725,580
Total Assessment
$803,600
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Retail Center on Canal near Kemah Boardwalk | 616 Marina Bay Dr
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