Waterfront Restaurant
4242 Laguna Shores Corpus Christi, TX 78418
For Sale
$1,200,000
COMMERCIAL - Corpus Christi, TX
Property Size3,000 SF
Lot Size0.44 Acres
Price / SF$400
Days on Market136
Property Features for 4242 Laguna Shores
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Off Street
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 080800000000
- Size
- 3,000 SF
- Lot size
- 0.44 Acres
Taxes and HOA fees
- Tax Description
- BLUFF'S LANDING MARINA CONDOMINIUMS COMMERCIAL UNIT PLUS 30.193 % INT IN COM AREA
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
- Water front
- 1
Building Details
- Year built
- 2005
- Floors in Building
- 1
- Roof type
- Flat
Listing Agency:
Mirabal Montalvo & Associates
(361) 994-1140
Listed By:
Chris Montalvo · License #0528565
(361) 765-1725
Added: Mar 10
Changed: May 31
Last Checked: Jul 23 at 1:06PM
MLS# 473015
Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a rare opportunity to own a beautifully remodeled waterfront restaurant positioned directly on the Intracoastal Waterway in Corpus Christi. The property, situated on a 0.44-acre lot, offers incredible water views and a relaxed coastal atmosphere. The interior dining space, encompassing 3,000 square feet, has been thoughtfully updated, creating a clean, inviting, comfortable, and functional environment. Large windows bring in natural light and showcase the waterfront backdrop. Guests can also enjoy dining on the spacious covered outdoor deck overlooking the water, an ideal setting for sunset dinners, live music, or casual coastal dining. The outdoor seating area provides views of passing boats and the Intracoastal. The property is well-suited for private events, parties, and special gatherings, offering multiple seating areas that create flexibility for both everyday dining and reserved functions. This property presents an exceptional opportunity to own a destination restaurant along the south Texas coast.
Key Highlights
- Prime waterfront location directly on the Intracoastal Waterway with incredible water views
- Beautifully remodeled interior dining space creating a clean and inviting atmosphere
- Spacious covered outdoor deck overlooking the water, ideal for sunset dinners and events
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.6k | $19.20 |
| − Vacancy | −$4.3k | −$1.44 |
| EGI | $53.3k | $17.76 |
| − OpEx | −$13.3k | −$4.44 |
| NOI | $40.0k | $13.32 |
3,000 SF · lease $19.20/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$570.9K
$499.5K – $666.0K
NOI $39,960 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,278 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bluff's Landing Marina ...
Hotel & Motel
TEXAS PERFORMANCE MARINE
(Bike/Boat/Book/etc) Store
Corpus Christ Fishing ...
Tour Operator
HUA Hooked Up ...
Campground & RV Park
Split Hook Guide ...
Tour Operator
FAQs
What type of property is this?
Conventional restaurant - Remodeled waterfront restaurant on the Intracoastal Waterway in Corpus Christi.
Where is this conventional restaurant located?
The property is located at 4242 Laguna Shores Corpus Christi, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime waterfront location directly on the Intracoastal Waterway with incredible water views; Beautifully remodeled interior dining space creating a clean and inviting atmosphere; Spacious covered outdoor deck overlooking the water, ideal for sunset dinners and events
