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6145517
6145516

4295 State Hwy 87, Bolivar Peninsula, TX 77650 For Sale

TN
TX 0506280
My Commercial group
Listed by My Commercial group
Unpriced
1635 days on market
Updated 21 days ago

Bolivar Yacht Basin

Details
Property Type Hospitality, Land (+1)
Sub Type Commercial, Residential (+1)
Acreage 272.000

Marina Waterfront Development Opportunity

Marketing description

Perfect for investors or developers, this property is fully permitted and ready for development. Located along State Highway 87 on Port Bolivar's peninsula is 272 +/- acres of prime bay front development land, potential for residential/commercial improvements with expansion of the existing marina, hotel/restaurant, yacht club, storage, RV, etc. This location is across the highway from Bolivar Beach and only 10 minutes from Bolivar Side Ferry Landing taking you into Galveston. The peninsula is tenanted by multiple RV parks, vacation rentals and resorts, as well as retail and restaurants such as Jose's Cantina, Pappy's Seafood, Tiki Beach Bar & Grill, Dollar General, Ace Hardware etc.

Investment highlights

  • Unique Waterfront Development Opportunity w/ Marina Expansion Approved

  • Fully Permitted and Protected Marina Location

  • Direct Access to Galveston Bay and Intercostal Waterway

  • Existing Water Control and Improvement District

  • Certified Quantities of Beach Quality Sand and Overburden Exceeding $5 Million

  • Corps of Engineers 404 C Permit for Marina Expansion In Place

  • Includes Mitigation Tract to Facilitate Development

Listing Contacts

TN
TX 0506280
My Commercial group
Listed by My Commercial group

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Additional Information

Name
Travis Nichols
License
0506280
Brokerage
KW Commercial
Title
Broker Associate
Brokerage Address
1220 Augusta Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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