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Restaurant Redevelopment Land
For Sale
$900,000

313 MAXAN ST, Port Isabel, TX 78578

Former restaurant building on six commercial city lots, with B2 zoning for restaurant use and options for parking or expansion.

Property Size2,457 SF
Lot Size0.41 Acres
Price / SF$366.30
Days on Market706

Property Features for 313 MAXAN ST

General Information

Standard status Active
Size 2,457 SF
Lot size 0.41 Acres
Property subtype General Commercial
Zoning B2

Amenities

Sidewalks. Downtown, City Road.

Building Details

Year Built 1960
Stories 1
Listing Agency: CHRE Cindy Hopkins Real Estate
Listed By: Cynthia Hopkins · License #0508052
Source: Xome
Added: Oct 4, 2024 Changed: Sep 1 Last Checked: Sep 9 at 6:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CHRE Cindy Hopkins Real Estate

Investment Insights

Based on property information with market context.

This property includes a 2,457 SF former restaurant location situated on six commercial city lots measuring 25' x 120'. The offering also notes an 18,000 square foot configuration that may be suitable for another restaurant use under the existing zoning.

The site is zoned B2 - General Business. The three unimproved lots can be used for parking, or the existing building can be expanded to support ongoing restaurant operations. The property is positioned within the Port Isabel market, with the surrounding area described as a mix of shopping, dining, and entertainment, and as being near major thoroughfares.

For buyers evaluating restaurant redevelopment or expansion options within a commercial lot configuration, the combination of an existing building and additional unimproved lots is a key part of the site’s utility.

Key Highlights

  • 2,457 SF former restaurant building on six (6) commercial city lots (25' x 120')
  • 18,000 square feet available for another restaurant use
  • Three (3) unimproved lots can be utilized for parking, or the building can be expanded

Property Analytics

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Current Use

The Grouchy Gringo Port ... Restaurant

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Kitchen & Bath Showroom Garden Center Dental Office Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

490
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Dining 50%
Stripes Shops & Services
3,435 visits/mo 0.3 miles
Little Caesars Pizza Dining
3,049 visits/mo 0.5 miles
Krispy Krunchy Chicken Dining
1,613 visits/mo 0.1 miles
Watermill Express Shops & Services
1,307 visits/mo 0.2 miles

Demographics for 78578, TX

10,076
Population
6,391
Households
1.6
Avg Household Size
45
Median Age
24%
College-Educated
83%
High-School Grad
57.0 sq mi
ZIP Area
177
Density / Sq Mi
$52,041
Median Household Income
$36,896
Median Earnings
$763
Median Rent
$193,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former restaurant building on six commercial city lots, with B2 zoning for restaurant use and options for parking or expansion.
Where is this conventional restaurant located?
The property is located at 313 MAXAN ST Port Isabel, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 2,457 SF former restaurant building on six (6) commercial city lots (25' x 120'); 18,000 square feet available for another restaurant use; Three (3) unimproved lots can be utilized for parking, or the building can be expanded
More about this property
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