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3124 Gulfway Dr

2,604 SF Sports & Entertainment Building Offered at £273,858 in Port Arthur, TX 77642

Investment Highlights

  • Heavy Traffic Area
  • Move In Ready

Executive Summary

Prime Commercial Space for Sale in Historic Port Arthur, Texas
Unlock the opportunity to own a fully operational lounge in the heart of Port Arthur! Welcome to a tastefully decorated venue nestled in the historic district of Port Arthur, Texas. Since 2017, this popular locale has been a hub for social gatherings and entertainment, offering an inviting atmosphere for patrons.
Key Features:
Location: Strategically situated on Gulfway Drive, this prime venue boasts proximity to nearby retail shopping centers, ensuring high visibility and foot traffic.
Space: Spanning approximately 2406 square feet, the open-concept layout of the building includes a service counter, DJ booth, and ample seating arrangements. With drive-around access and parking, convenience is guaranteed for both customers and staff.
Ambiance: Renovated in 2023, this location exudes modern charm while retaining its historic essence. From the spacious dance floor to the cozy seating areas, every corner is designed to offer comfort and enjoyment.
Capacity: Accommodating up to 96 customers, this versatile space is ideal for hosting daytime events, evening gatherings, and everything in between.
Neighborhood: Adjacent lies a vibrant retail complex, featuring a diverse array of businesses including a seafood restaurant, digital print company, nail salon, and massage services. This dynamic environment adds value and convenience for patrons and owners alike.
Why Invest:
Turnkey Operation: Step into ownership with confidence, as this is a fully operational business with a loyal customer base and established reputation.
Thriving Location: Positioned in downtown Port Arthur, this bustling area presents endless opportunities for growth and expansion. Whether you're a seasoned entrepreneur or a newcomer to retail ownership, this is your chance to make your mark in a thriving community.
Don't miss out on this incredible opportunity to own a piece of Port Arthur's vibrant culture. Contact us today to schedule a viewing and take the first step towards realizing your entrepreneurial dreams!

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes £6,476 £2.49
Operating Expenses - -
Total Expenses £6,476 £2.49

Financial Summary (Actual - 2023)

Taxes
Annual £6,476
Annual Per SF £2.49
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £6,476
Annual Per SF £2.49

Property Facts

Price £273,858
Price Per SF £105
Sale Type Investment or Owner User
Property Type Sports & Entertainment
Lot Size 0.31 AC
Building Size 2,604 SF
Number of Floors 1
Year Built/Renovated 1968/2023

Amenities

  • Bus Route
  • Lounge
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
003000-000-032500-00000
Land Assessment
£6,189
Improvements Assessment
£215,050
Total Assessment
£221,239
Annual Taxes
£6,476 (£2.49/sf)
Tax Year
2023

zoning

Zoning Code CR (Commercial Retail District)
CR (Commercial Retail District)
  • Listing ID: 31795079

  • Date on Market: 14/05/2024

  • Last Updated:

  • Address: 3124 Gulfway Dr, Port Arthur, TX 77642

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