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Downtown Bar & Tavern

215 S 17th Street McAllen, TX 78501

Claim this Listing
For Sale
$475,000

COMMERCIAL - McAllen, TX

Property size:
2,940 SF
Lot size:
0.10 Acres
Price / SF:
$161.56/SF
Added:
Feb 6, 2026
Days on Market:
158
Last Refresh:
Jul 14 at 7:06 am

Property Features for 215 S 17th Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
CO
Parking features
On Street, Off Street
Appliances
Water Heater (Other)
Standard status
Active
APN
M195000023010B00
Size
2,940 SF
Lot size
0.10 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
4747

Utilities

Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric

Building Details

Year built
2004
Floors in Building
1
Building materials
Stucco
Roof type
Flat

Listing agent Maggie Harris License #0530155

Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX

Listing date Feb 6, 2026

MLS# 494188

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This for-sale commercial bar/tavern totals approximately 2,940 square feet on a 0.0965-acre site. The property is positioned as a flexible nightlife venue, suitable for an owner-operator seeking a downtown operating base or for a new concept in an established entertainment setting. Zoning is listed as CO.

Located at 215 S 17th Street in McAllen, Texas 78501, the building is described as being in the heart of downtown and benefits from strong visibility and consistent foot traffic tied to an active nightlife and entertainment district.

From an operational standpoint, the property’s design is aligned with bar/tavern use and can support either an owner-operator continuing an existing format or introducing a different concept. With the stated emphasis on visibility and downtown activity, it may appeal to buyers looking for a commercial nightlife venue where walk-in presence is a key part of the business model.

Key Highlights

  • Commercial bar/tavern opportunity in downtown McAllen
  • Built in 2004
  • Flat roof with stucco construction

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $63.5k $21.60
− Vacancy −$3.6k −$1.21
EGI $59.9k $20.39
− OpEx −$18.0k −$6.12
NOI $42.0k $14.27
2,940 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$642.3K
$562.0K – $749.4K (±1% cap)
NOI $44,961 @ 7.0% cap · market cap 9.47%
Second Best
Retail
$599.5K
$524.5K – $699.4K (±1% cap)
NOI $41,963 @ 7.0% cap · market cap 8.83%
Theoretical Best
Office A
$798.3K
$698.6K – $931.4K (±1% cap)
NOI $55,884 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

Locksmith Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Fish Market HVAC Service Pet Grooming Service Electrical Service Garden Center Farmer's Market

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

Similar Off Market Nearby

  • Gibby's Lounge and Bites — 1120 S 10th St, McAllen, TX 78501
  • Monster Bar & Grill — 800 S 10th St, McAllen, TX 78501
  • Pecado Night Club — 613 S 17th St, McAllen, TX 78501
  • A&C Private Club — 620 S 23rd St, McAllen, TX 78501
  • Broncos Lounge — 632 s 23rd st, mcallen, tx 78501

FAQs

What type of property is this?
Bar & Pub - For sale bar/tavern offering visibility and consistent downtown foot traffic in McAllen.
Where is this bar & pub located?
The property is located at 215 S 17th Street McAllen, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Commercial bar/tavern opportunity in downtown McAllen; Built in 2004; Flat roof with stucco construction
Contact an agent
More about this property
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