523 N Water St

Highlights:

• Prime corner location at N Water St and Peoples St in downtown Corpus Christi
• Strong visibility with 56' frontage on Peoples Street and 63' on Water Street
• Located in the Central Business District (CBD) zoning and within an Opportunity Zone
• One block from Shoreline Blvd with 16,631 vehicles per day per TxDOT
• Adjacent to the 10-story 501 N Williams St parking garage& directly across from the 12-story PlainsCapital Bank Tower, a major employment center
• ±20 on-site surface parking spaces & signalized intersection
• Situated within a highly walkable district surrounded by offices, hotels, and retail

Description:

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523 N Water Street offers a rare opportunity to acquire a freestanding restaurant building in the heart of downtown Corpus Christi. The 1,920 SF masonry structure sits prominently at the signalized intersection of Water Street and Peoples Street, providing excellent visibility with dual frontage and steady pedestrian and vehicle activity. Its location just one block from Shoreline Boulevard places it steps from the Bayfront, popular hotels, business centers and downtown attractions, making it a strategic site for capturing both daytime professionals and evening/weekend visitors. The existing ±20 surface parking spaces are a significant advantage in an area where convenience and accessibility are often limited.

Currently home to Thai Spice, the property is well suited for continued restaurant use, but also offers flexibility for a variety of concepts. A café, fast-casual brand, specialty beverage operator or boutique retail user would all benefit from the steady foot traffic generated by nearby office towers, the adjacent 10-story parking garage and the walkable surrounding streets. With CBD zoning, strong traffic counts and its position within an Opportunity Zone, the site also lends itself to value-add renovation or repositioning.

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