South Padre Island, Texas area - Marcellos Ocean Grille & Spirits

PROPERTY OVERVIEW Located on Highway 100, just 2 Blocks from Queen Isabella Causeway, Marcellos Ocean Grille & Sprits offers +/-200 occupancy including outdoor and bar seating. Recently Renovated with new Menu, Exterior and Interior Improvements with shared Parking with Historic Port Isabel Lighthouse. Asset is being sold turn-key with Business, Furniture, Fixtures, Equipment and Inventory. +/-6,000 sf Restaurant, adjacent lease space and upstairs apartment. Great opportunity for restauranteur to expand into the growing Port Isabel Trade Area. PROPERTY HIGHLIGHTS • Turn Key Restaurant Operation • Includes Real Estate and Business • Full Renovation 2019 • Proximity to Queen Isabella Causeway • Adjacent to Port Isabel Lighthouse Location: Isabel, Texas Year Established: 2016 Number of Employees: 10 Home Based: Yes Real Estate: Owned Building Sq. Ft.: 9,000 Facilities: Fully Functional Restaurant in the South Padre Island, Texas area that was converted in 2018 from an Italian Restaurant to an Ocean Grille. Restaurant was renovated with new interior and outstanding bar area with outside seating as well. Website: properties.chopkinsrealestate.com/581262-sale Market Outlook/ Competition: South Padre Island, Texas tourists and residents in the 1M MSA of the area are the patrons for the restaurant. The building is located adjacent to the Port Isabel lighthouse and the Causeway to the Island is one block away from the store. Growth & Expansion: Locally-owned Restaurant in the area, which has been in business for 20+ years, previously as an Italian Restaurant and then re-invented in 2018 to an Ocean Grille and Spirits.