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Mixed-Use Storefront with Apartment

416 S Austin St, Rockport, TX 78382

For Sale
$599,999

Commercial Sale, ROCKPORT, TX

Property Size2,500 SF
Price / SF$239
Days on Market597

Property Features for 416 S Austin St

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-1
Subdivision Doughty&Mathis
Elementary school district RFISD
Middle school district RFISD
High school district RFISD
Standard status Active
Size 2,500 SF

Building Details

Year built 1945
Floors in Building 2
Number of units 1
Listing Agency: KEY ALLEGRO REAL ESTATE
Listed By: JOHN KIDWELL · License TX #0422788
Added: Mar 27, 2025 Changed: Oct 17 Last Checked: Nov 13 at 4:06AM
MLS# 147703

Copyright © 2026 Rockport Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property combines a storefront with large display windows and an open interior area suited to product inventory. A one-bedroom, one-bath apartment is located above the commercial space, creating a distinct residential component within the building. The property contains approximately 2,500 square feet and was built in 1945.

Located at 416 S Austin St in Rockport, the property is zoned B-1. The storefront is currently occupied by Song Bird Chic, whose tenancy is intended to continue. The configuration provides a street-facing commercial presence with an apartment positioned on the upper level.

Key Highlights

  • 2,500‑square‑foot mixed‑use property
  • Storefront with large display windows and open inventory area
  • One‑bedroom, one‑bath apartment above the commercial space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,466
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,320 $669.3K
Cap Rate 7%
$478,086 $478.1K
Cap Rate 9%
$371,844 $371.8K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$49.8K $19.92/SF
− Vacancy
−$2.0K −$0.80/SF
EGI
$47.8K $19.12/SF
− OpEx
−$14.3K −$5.74/SF
NOI
$33.5K $13.39/SF
Area
Aransas County, TX
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,320
Cap Rate 7%
$478,086
Cap Rate 9%
$371,844

Alternative Uses

Best Use
Retail
$478.1K
$418.3K – $557.8K (±1% cap)
NOI $33,466 @ 7.0% cap · market cap 5.58%
Second Best
Mixed Use
$424.3K
$371.3K – $495.0K (±1% cap)
NOI $29,700 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$955.7K
$836.2K – $1.11M (±1% cap)
NOI $66,898 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Songbird Chic, Decor ... Home Decor Store Essential Body Spa ... Spa & Massage Center

Suggested Use

Top Pick Dental Office Pharmacy Nail Salon Building Supply (Bike/Boat/Book/etc) Store Storage Facility

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

643
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar Tree Shops & Services
6,557 visits/mo 0.5 miles
Wells Fargo Shops & Services
3,284 visits/mo 0.5 miles
Watermill Express Shops & Services
3,191 visits/mo 0.5 miles

Demographics for 78382, TX

19,432
Population
13,048
Households
1.5
Avg Household Size
53
Median Age
30%
College-Educated
92%
High-School Grad
79.9 sq mi
ZIP Area
243
Density / Sq Mi
$63,434
Median Household Income
$38,741
Median Earnings
$1,147
Median Rent
$238,200
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - B-1-zoned commercial property with display windows, open retail space, and an upstairs one-bedroom apartment.
Where is this mixed-use property located?
The property is located at 416 S Austin St Rockport, TX.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: 2,500‑square‑foot mixed‑use property; Storefront with large display windows and open inventory area; One‑bedroom, one‑bath apartment above the commercial space
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