516-518 S Broadway St - Office FOR SALE


McAllen, TX 78501
$600,000 USD
956-655-1890
516-518 S Broadway St, McAllen, TX for Sale
$600,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

516-518 S Broadway St
McAllen, TX 78501


HIGHLIGHTS

  • Located in the Busy Downtown Area
  • Proximity to I-69 & Business Hwy. 83

OVERVIEW

The property consists of two unoccupied office spaces totaling 5,000 sf on 7,000 sf of land. This was a downtown office location that is just over a block north of McAllen City Hall and just north of the Mexican Consulate, and one-half block north of the Honduras, El Salvador, and Guatemala Consulates. Across the street is a law office and other professional offices. This is a well-established location in the McAllen CBD. The building has a new roof. Suite 516 is currently a shell space and could be converted to storage or back to office or retail. Suite 518 was retail/office in the front and storage in the back.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,181 SF

ZONING

C-3

APN/PARCEL ID

M1950-00-045-0002-00

ASK ABOUT THIS PROPERTY

Roger StolleyNAI Rio Grande ValleyMore Info
956-655-1890

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Roger StolleyNAI Rio Grande ValleyMore Info
956-655-1890

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