121 Cut-Off Rd Port Aransas, TX 78373

This exceptional Port Aransas commercial property, known as "The Balinese," presents a unique investment opportunity. Located at 121 Cut-Off Rd, this 6,169 square foot office complex sits on a 0.665-acre lot (28,976 sq ft) and offers a compelling blend of existing uses and redevelopment potential. The main building, constructed in 1960 and extensively renovated in 2011, currently houses approximately 2,232 sq ft of office space, a full kitchen, and a 1,637 sq ft wellness spa and boutique. An additional 620 sq ft one-bedroom apartment with a fenced yard is also included. The property boasts impact windows, a roof replaced in December 2017, and a 750 sq ft rooftop deck overlooking the ship channel. Four modern studio suites (built in 2019) with a heated pool provide additional income potential as vacation rentals. The property features 21 parking spaces, two storage rooms, and hardi board construction. Zoned for commercial use, this property is ideally suited for offices, retail, or medical facilities. Its location on Cutoff Road ensures high visibility and traffic. The asking price is $3,300,000, with a price per square foot of $534.93 and a land value of $40/SF. The property is in X flood zone with an elevation exceeding 13 feet. A recently refurbished lighted sign enhances visibility. This is a truly versatile property with significant upside potential.