411 E Magnolia St - Specialty FOR SALE


Mathis, TX 78368
$275,000 USD
361-980-6016
411 E Magnolia St, Mathis, TX for Sale
$275,000 USD
Specialty - FOR SALE
1/7
null | Request Cap Rate

411 E Magnolia St
Mathis, TX 78368


OVERVIEW

The legendary Cielito Lindo Dancehall & Venue has been a South Texas institution for decades. With nearly 8,000 square feet of space it has the potential to generate great income. This offering includes all furniture and bar equipment. Prominent features include: Space for a restaurant. Backstage green room for performers. Over 2.5 acres for parking. Massive dance floor. Modern speaker and light system (available at a additional cost). The space was recently renovated and is ready for operation.

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$34 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

8000SF Event Center w/ Bar on 2.6 AC

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

51,038 SF

ZONING

-

APN/PARCEL ID

1039342,1039343,1039344,1039345

ASK ABOUT THIS PROPERTY

Robert CooperCarlisle Realty PLLCMore Info
361-980-6016

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Robert CooperCarlisle Realty PLLCMore Info
361-980-6016

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