Commercial Real Estate in McAllen Texas

We can assist you with: RGV Commercial Properties, Acquisitions, Valuation Services, Consulting, Demographic Overviews, Dispositions, Landlord Representation, Lease Administration, Lease & Lease /Own Analysis, Market Surveys & Analysis, Project, Property & Facilities Management, Relocation Services, & Distressed Asset & REO Services. Call Sergio Molina (956) 239-2634 or Email: Sergio@Sermol.com

Thursday, November 3, 2011

Commercial Building: 120 S Broadway McAllen, TX 78501

PRESENT USE: Retail, Restaurant
EST SQFT: 14975
# STORIES: 2
TTL # PARKING SPACES: 13
PARKING: Paved
YEAR BUILT: 1970
AREA: McAllen
SUBDIVISION: Mcallen Addition lots
COUNTY: Hidalgo
ZONING: F1
 
Two Buildings in Downtown Mcallen! Bldg. #1 is a 2-story building, 13,960 sq.ft.,in addition there are two bank vaults that total 341 sq.ft, 1st. floor is fully rented with 4 renters paying $112,800 gross yrly. the rents do not include the anchor store. (Joyce's)., The 2nd floor has access from 2 staircases located on either end., 1,200lb. capacity hydraulic elevator, 16 offices, 3 reception areas, mens/womens restrooms, and recently had an estimated $50k worth of repair on the roof./ Bldg. #2 located at 116 S. Broadway st, consists of 1,015 sq.ft., bldg. height is 18ft., currently leased to El Padrino's Restuarant, (also had $10k worth of repair), Parking: 13 private parking spots between buildings, 4 of which are leased for $125 each mthly., Owner-financing will be considered!!
 
List Price: $1,800,000

 

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