316 W 3rd St - Restaurant FOR SALE


Mercedes, TX 78570
$325,000 USD
956-250-1940
316 W 3rd St, Mercedes, TX for Sale
$325,000 USD
Restaurant - FOR SALE
1/16
null | Request Cap Rate

316 W 3rd St
Mercedes, TX 78570


HIGHLIGHTS

  • Heavy Foot Traffic, Historic Downtown Location, Winter Texan Traffic , Built in shower and 3 bathrooms, surrounded by professional businesses

OVERVIEW

Nestled in the heart of downtown, within close proximity to the beloved Formancios Pizza, lies an exceptional commercial property poised to cater to a diverse clientele. Boasting a strategic location, this property captures a unique blend of traffic ranging from winter Texans seeking a warm retreat to steadfast locals who frequent the vibrant downtown scene. Spanning an expansive 1600 square feet, this flexible space presents an unparalleled opportunity for a wide spectrum of businesses. Among its standout features are three well-appointed bathrooms, including one with a full shower—a rare amenity that adds practicality and convenience. Beyond its physical attributes, the property benefits from its central location, strategically positioned to capitalize on foot traffic and visibility. With its strategic location, flexible layout, and desirable amenities, it stands as a testament to the promise of downtown vitality and entrepreneurial vision. Call today for a private tour.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$203 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Residential, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

F1

APN/PARCEL ID

M3550-00-014-0002-00

ASK ABOUT THIS PROPERTY

Elias VillarrealKeller Williams Realty RGVMore Info
956-250-1940

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Elias VillarrealKeller Williams Realty RGVMore Info
956-250-1940

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.