1402 Chaparral St Corpus Christi, TX 78401
This exceptional mixed-use property in the heart of Downtown Corpus Christi presents a rare investment opportunity. The 2,829 square foot main building, renovated in 2018 while preserving its historic charm, currently operates as a law office. It features two large offices with private restrooms and adjoining assistant offices, two spacious conference rooms, a large reception area with two public restrooms, a full kitchen with a private entrance, and a flexible workspace ideal for additional workstations or storage. Architectural details include a columned porch, high ceilings, hardwood floors, crown molding, French doors, and large windows. A private courtyard adds to the property's appeal. Included in the sale are two additional living units: a detached apartment and a cottage, each boasting a full kitchen, one bedroom, one bathroom, living and dining areas, and an in-unit laundry/utility room. The property's location within TIRZ #3 offers eligibility for reinvestment incentives. Downtown Corpus Christi is experiencing significant growth, with 18 new businesses established in 2023 and 16 year-to-date in 2024, further enhanced by ongoing TIRZ projects and the anticipated completion of the new Harbor Bridge in 2025. This property offers a unique blend of historic character, modern functionality, and significant growth potential in a thriving downtown location. The asking price is $750,000. Built in 1946, this three-building complex is a must-see for discerning investors.
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Garza Frank M Law Firm
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Law Office of Kelly Koch Law Firm Child Welfare Organization
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Dax F. Garza, P.C Law Firm
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Kelly William J Law Firm
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Koch Law Firm Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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