1802 Morgan Ave

Corpus Christi, TX 78404

About this property

Excellent value-add opportunity in a CG-2 (General Commercial) zoning district. This income-producing property is currently configured with five residential units plus a downstairs commercial/storage space, all fully leased and generating $3,800 per month in stable income. The CG-2 zoning allows for a wide range of commercial uses, offering strong upside potential through repositioning the residential units to commercial tenants and increasing rents over time. Investors can enjoy immediate cash flow while exploring redevelopment or re-tenanting strategies to maximize returns. Well-suited for a first-time investor or a buyer looking to add a flexible, mixed-use asset to their portfolio with both income stability and long-term growth potential.

About this property

Excellent value-add opportunity in a CG-2 (General Commercial) zoning district. This income-producing property is currently configured with five residential units plus a downstairs commercial/storage space, all fully leased and generating $3,800 per month in stable income. The CG-2 zoning allows for a wide range of commercial uses, offering strong upside potential through repositioning the residential units to commercial tenants and increasing rents over time. Investors can enjoy immediate cash flow while exploring redevelopment or re-tenanting strategies to maximize returns. Well-suited for a first-time investor or a buyer looking to add a flexible, mixed-use asset to their portfolio with both income stability and long-term growth potential.

Features and Additional Information

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$525,000 Active
3,232 sqft

Presented By Coldwell Banker Commercial Gateway

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Get in touch today! Phone: 1-956-937-2930
Brokerage
DH Realty Partners Inc
1-210-222-2424
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Area Information

| Nueces County | Bay View #3

$ 525,000
This listing is play_arrow 332.1% higher than the average in the area
$ 121,500 in the area
3,232 SqFt
This listing is play_arrow 171.1% larger than the average in the area
1,192 SqFt in the area
$ 162 $/SqFt
This listing is play_arrow 60.5% more than the average in the area
$ 101 $/SqFt in the area
228 days on site
This listing is play_arrow 116.1% above the average in the area
106 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By James Magill
Brokerage: DH Realty Partners Inc

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