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    120 S Broadway St McAllen, TX 78501

    For Sale
    $2,800,000

    Commercial - McAllen, TX

    Property size:
    14,975 SF
    Lot size:
    0.32 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for 120 S Broadway St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    M195000013000100
    Parking
    13
    Parking features
    On Street, Paved or Surfaced
    Size
    14,975 SF
    Lot size
    0.32 Acres

    Utilities

    Heating system
    Central, Electric (Heating)

    Building Details

    Year built
    1976
    Architectural style
    Other

    RE/MAX PLATINUM (956) 668-8555 [email protected]

    Listing agent Amy-Noelle Gallo (956) 668-8555

    Listing date Oct 31, 2025

    MLS# 485914 Listing URL

    Copyright © 2025 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown McAllen Commercial Opportunity

    Located in downtown McAllen, Texas, at the corner of Broadway and Beaumont, this property includes two buildings and a 13-car parking lot. The property has 100 feet of frontage on Broadway and 140 feet on Beaumont. Broadway is a one-way street from Business 83 to the City Hall offices. The property is one block from a 216-space public parking garage and one block from the Chase building, a super high-speed internet hub. One of the buildings, formerly the Federal Savings & Loan Building, features solid concrete core construction, including the roof. The two-story building has 13,960 square feet and includes two walk-in bank vaults totaling 341 square feet. The first floor is currently leased to three tenants, one of whom has been at the location for over 25 years. The second floor is accessible via two staircases and one elevator with a 1,200-pound capacity. The second building, located at 116 S Broadway, has 1,400 square feet and is currently leased. The lot size is 0.3214 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Trevino Productions, LLC Boutique Top Hat Tuxedos ... Tuxedo Shop Andrea alteraciones Dressmaker

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    United Access, U-Haul Neighborhood Dealer, U-Haul Neighborhood Dealer, All Valley Limousine, Budget Car Rental

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.233783
    Latitude
    26.202533

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    FAQs

    What type of property is this?
    Parking lot & garage - Two buildings with parking in downtown McAllen, Texas.
    Where is this parking lot & garage located?
    The property is located at 120 S Broadway St McAllen, TX.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: - Prime downtown McAllen location at the corner of Broadway & Beaumont.; - Two buildings totaling 15,360 sqft with existing tenants and income potential.; - Solid concrete construction, including the roof, offering enhanced security and fire resistance.
    (956) 668-8555
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 S Broadway St McAllen, TX 78501
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