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23386403
23386435

624 Marina Bay Dr., Kemah, TX 77565

LE
TX 9007884
Priority One Real Estate
Listed by Priority One Real Estate
$600,000
386 days on market
Updated 104 days ago

Coco's on the Canal

Details
Property Type Business for Sale, Hospitality
Sub Type Business Only
Square Footage 2,100
Units 1
Cap Rate 40%
NOI $240,000
Tenancy Single
Lease Term 5
Lease Expiration 08/08/2029
Remaining Term 4
Class C
Year Renovated 2024-2025
Buildings 1
Stories 1
Tenant Credit Credit Rated
Lease Commencement 08/09/2024
Occupancy Date 05/14/2025
Sale Condition For sale by owner

Turnkey Waterfront Bar in Kemah- Profitable & Fully Operational

Marketing description

Turnkey Waterfront Bar in Kemah – Profitable & Fully Operational

Welcome to Coco’s on the Canal, one of the rare gems in Kemah offering true waterfront vibes, unforgettable sunsets, and nonstop energy. Located at 624 Marina Bay Drive, this high-performing tiki-style bar is more than just a great hangout—it’s a golden investment opportunity with immediate cash flow and proven profitability.

Step into a fully operational business featuring:

  • A vibrant and unique interior design that guests love

  • Expansive patio seating with stunning sunset views

  • Live music, karaoke nights, and themed entertainment

  • A loyal customer base and consistent traffic

  • Full bar with traditional cocktails and tropical flair

If you’ve ever dreamed of owning a bar —but feared the risk—this is your chance to skip the startup stress and dive into ownership with confidence. Coco’s on the Canal is not only established, it’s thriving.

Opportunities like this don’t come often—buy into a lifestyle and a business that works from day one.

Investment highlights

Turnkey Waterfront Bar in Kemah – Profitable & Fully Operational

  • A vibrant and unique interior design that guests love

  • Expansive patio seating with stunning sunset views

  • Live music, karaoke nights, and themed entertainment

  • A loyal customer base and consistent traffic

  • Full bar with traditional cocktails and tropical flair

Listing Contacts

LE
TX 9007884
Priority One Real Estate
Listed by Priority One Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$240,000.00
$20,000.00/mo

Valuation Metrics

0
DSCR
40%
Cap Rate
40%
ROI

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Additional Information

Name
Liza Elliott
License
9007884
Brokerage
Priority One Real Estate
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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