Restaurant and Retail
For Sale
$350,000
2508 E Main Avenue, Alton, TX 78573
COMMERCIAL - Alton, TX
Property Size832 SF
Lot Size0.50 Acres
Price / SF$420.67
Days on Market35
Property Features for 2508 E Main Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CO
Parking
24
Parking features
Special Needs
Security features
Security System
Accessibility
Accessible Approach with Ramp
Appliances
Electric Water Heater
Subdivision
Alfredo's Plaza
Directions
Going west on Main Ave, drive past Glasscock, it will be second to the last building on the left.
Standard status
Active
APN
A266000000000200
Size
832 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6548
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
bar area
patio with oversized fans
restrooms
Building Details
Year built
1996
Floors in Building
1
Building materials
Stucco
Roof type
Metal
Listing Agency:
BIG Realty
(956) 465-0011
Listed By:
Miguel Gutierrez
(956) 844-1600
Added: Jul 1
Changed: Jul 27
Last Checked: Aug 4 at 9:06AM
MLS# 501208
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 commercial building on Calle 5 combines a foodservice setup with front-facing retail. The front area includes two retail spaces and a fully equipped kitchen, designed to support a cafe or quick-serve operation. The property also includes a lively bar area, a patio with oversized fans, and four restrooms for guest convenience.
The building faces Main Avenue at 2508 E Main Avenue in Alton, TX 78573. The site is described as a food and retail destination within a busy corridor, with a customer-focused patio environment.
For a prospective buyer, the offering is presented as a turnkey opportunity for investors, with owner financing available under right terms.
The building faces Main Avenue at 2508 E Main Avenue in Alton, TX 78573. The site is described as a food and retail destination within a busy corridor, with a customer-focused patio environment.
For a prospective buyer, the offering is presented as a turnkey opportunity for investors, with owner financing available under right terms.
Key Highlights
- Year built 1996 with central heating and central air
- Metal roof and stucco construction
- Property includes two front retail spaces facing Main Avenue
Financial Insights For Specialty 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 | $17.1k | $20.52 |
| − Vacancy | −$973 | −$1.17 |
| EGI | $16.1k | $19.35 |
| − OpEx | −$4.0k | −$4.84 |
| NOI | $12.1k | $14.51 |
832 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$172.5K
$150.9K – $201.3K
NOI $12,075 @ 7.0% cap · market cap 3.45%
Second Best
Retail
$160.5K
$140.4K – $187.2K
NOI $11,234 @ 7.0% cap · market cap 3.21%
Theoretical Best
Hotel Hospitality
$626.7K
$548.3K – $731.1K
NOI $43,867 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Explore this area
Business Placement
Demographics for 78573, TX
42,229
Population
13,339
Households
3.2
Avg Household Size
29
Median Age
15%
College-Educated
63%
High-School Grad
36.7 sq mi
ZIP Area
1,151
Density / Sq Mi
$51,185
Median Household Income
$27,730
Median Earnings
$909
Median Rent
$154,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial kitchen - Food and retail building includes a bar area, fully equipped kitchen, patio with oversized fans, and two front retail spaces.
Where is this commercial kitchen located?
The property is located at 2508 E Main Avenue Alton, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Year built 1996 with central heating and central air; Metal roof and stucco construction; Property includes two front retail spaces facing Main Avenue
