Remodeled Commercial Space For
2710 S Main St Ingleside, TX 78362
For Sale
Contact for pricing
Remodeled commercial space with easy access to surrounding areas.
Property Size6,900 SF
Price / SF$82.46
Days on Market653
Property Features for 2710 S Main St
General Information
- Standard status
- Active
- Size
- 6,900 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing Agency:
Cravey Real Estate Services Inc
(361) 288-3102
Listed By:
Lynann Pinkham · License #TX 319336
Source:
Crexi
Added: Oct 10, 2024
Changed: Jul 6
Last Checked: Jul 23 at 5:35AM
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 Cravey Real Estate Services Inc
Investment Insights
Based on property information with market context.
This centrally located commercial space offers convenient access to shopping, schools, industry, and businesses, making it suitable for servicing various industry needs. Its location provides proximity to Rockport, Gregory, Aransas Pass, and other nearby municipalities. The property underwent a complete $100,000 remodel in 2024, which included the installation of a new 5-ton HVAC unit, new electrical service, and LED interior lights. Additional improvements include new rain gutters, interior walls, and an office. Previously used as a dance studio for over 20 years, the property is currently occupied by Mary Jane’s Gymnastics. The building has a total area of 6,900 square feet.
Key Highlights
- Central location with easy access to shopping, schools, industry, and businesses.
- Complete $100,000 remodel in 2024.
- New 5 TON HVAC unit installed in 2024.
Financial Insights For 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 | $48.0k | $6.96 |
| − Vacancy | −$3.8k | −$0.56 |
| EGI | $44.2k | $6.40 |
| − OpEx | −$13.3k | −$1.92 |
| NOI | $30.9k | $4.48 |
6,900 SF · lease $6.96/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$441.8K
$386.6K – $515.5K
NOI $30,927 @ 7.0% cap · market cap 5.44%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$3.54M
$3.10M – $4.13M
NOI $247,779 @ 7.0% cap · market cap 43.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Remodeled commercial space with easy access to surrounding areas.
Where is this retail space located?
The property is located at 2710 S Main St Ingleside, TX.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Central location with easy access to shopping, schools, industry, and businesses.; **Complete $100,000 remodel in 2024.**; **New 5 TON HVAC unit installed in 2024.**
