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33527911
33527912

624 Marina Bay Drive, Kemah, TX 77565

JB
Bae Realty Group
Listed by Bae Realty Group
$655,000
1 day on market
Updated 1 day ago

Coco's on the Canal

Details
Property Type Retail
Sub Type Bar
Square Footage 2,275
Net Rentable (SqFt) 2,275
Units 1
Occupancy 100%
Tenancy Single
Brand/Tenant Coco’s On The Canal
Lease Type Gross
Lease Term 5
Lease Expiration 08/07/2029
Remaining Term 3.2
Rent Bumps Yes
Lease Options 5 yrs
Class C
Buildings 1
Stories 1
Zoning Verify with City of Clear Lake Shores
Parking Spaces spaces
Investment Type Owner/User
Lease Commencement 08/08/2024
Ground Lease No
Ownership Leasehold / Business sale only
Sale Condition N/A

About This Property

Marketing description

Rare opportunity to acquire Coco’s On The Canal, an established waterfront tiki-style bar located at 624 Marina Bay Drive, Kemah, TX 77565. The business is positioned along the canal near the Kemah/Clear Lake entertainment market and offers a unique waterfront atmosphere with outdoor seating, cocktails, live music, karaoke, and late-night operating hours.

The business is offered at $655,000. Seller reports annual sales of approximately $1,000,000, with monthly rent of approximately $4,400. Buyers should independently verify all financials, lease terms, inventory, licenses, permits, and transferability during due diligence.

This offering may be ideal for an experienced bar/operator, hospitality group, or owner-operator seeking an established concept in the Kemah waterfront market.

Investment highlights

• Established waterfront bar business in Kemah

• Asking price: $655,000

• Seller-reported annual sales: approximately $1,000,000

• Monthly rent: approximately $4,400

• Canal-front / waterfront atmosphere

• Tiki-style cocktail bar concept

• Outdoor seating and lounge-style environment

• Live music, karaoke, and event potential

• Located near the Kemah/Clear Lake entertainment market

• Business name recognition with strong local presence

• Buyer to verify financials, lease terms, licenses, permits, inventory, and transferability

Listing Contacts

JB
Bae Realty Group
Listed by Bae Realty Group

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