523 Grand Ave Bacliff, TX 77518

This exceptional investment opportunity in Bacliff, Texas, presents a unique blend of commercial and residential real estate. The property, located at 523 Grand Ave, encompasses a thriving restaurant and two apartments situated on a 0.21-acre lot in Galveston County. The single-story building, constructed in 1997, boasts a total of 4,231 square feet of net rentable space, currently operating at 50% occupancy. The restaurant, a significant income generator, commands a monthly lease of $1,600 with several months remaining on the current term. The two apartments behind the restaurant offer additional income potential. Currently, they could generate approximately $1,900 per month in rental income, but renovations could significantly increase their rental value. The asking price is $630,000, translating to $148.90 per square foot. This mixed-use property presents a compelling opportunity for investors seeking a diversified portfolio with immediate cash flow and significant upside potential in a desirable coastal location. The property's prime location on a popular commercial road in Bacliff, TX (zip code 77518) ensures high visibility and accessibility. This is a rare chance to acquire a well-established business with substantial rental income and the potential for further development and increased profitability. Don't miss this chance to own a piece of Bacliff's thriving commercial landscape.