Lucrative investment opportunity for future development of a hotel or a condominium complex. Located within South Padre Island's business and entertainment district, this property is made up of 3 lots for a total of 3.47 Acres. Lot 1 is 0.54 Ac, Lot 2A is 1.18 Ac, and Lot 4 is 1.75 Ac. Denny's Restaurant sits on Lot 1 and a vacant structure with paved parking sits on Lot 2A. Lot 4 is a vacant lot with all utilities to curb and a non-exclusive pedestrian easement to the beach. Property to be sold as a bundle and must include a lease back to Denny's.
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