Retail Storefront with Apartment
For Sale
$325,000
705 N Broadway Street, Elsa, TX 78543
COMMERCIAL - Elsa, TX
Property Size5,969 SF
Lot Size0.29 Acres
Price / SF$54.45
Days on Market98
Property Features for 705 N Broadway Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
14
Parking features
Off Street, On Street
Exterior features
Balcony, Workshop
Appliances
Electric Water Heater
Subdivision
Elsa Townsite
Lot features
Downtown
Directions
East on 107 , Turn N on Broadway. Property will be on W side.
Standard status
Active
APN
E540000018001300
Size
5,969 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5292
Utilities
Cooling system
Window Unit(s)
Building Details
Year built
1990
Floors in Building
2
Building materials
Solid Masonry
Roof type
Metal, Flat
Additional Structures
Workshop
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Maggie Harris · License #0530155
(956) 821-9990
Added: Apr 29
Changed: Aug 3
Last Checked: Aug 4 at 7:06AM
MLS# 502332
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 mixed-use retail storefront property includes a retail storefront with apartment-style rentals. There are 12 rooms currently utilized as apartment-style units, supported by residential features including 4 bathrooms and 2 kitchens. The exterior includes a balcony and a workshop, and the building includes an electric water heater.
Constructed with solid masonry and built in 1990, the property is approximately 5,969 square feet on a 0.2927-acre lot. Cooling is provided by window unit(s), and the roof is metal with a flat roof design. Parking is available with both off-street and on-street options.
The property generates apartment rental income from the residential portion, combining street-facing retail presence with on-site apartment-style living space.
Constructed with solid masonry and built in 1990, the property is approximately 5,969 square feet on a 0.2927-acre lot. Cooling is provided by window unit(s), and the roof is metal with a flat roof design. Parking is available with both off-street and on-street options.
The property generates apartment rental income from the residential portion, combining street-facing retail presence with on-site apartment-style living space.
Key Highlights
- 12 apartment‑style rooms within the building
- 4 bathrooms and 2 kitchens for the residential portion
- Approximately 5,969 square feet on 0.2927 acres
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78543, TX
7,535
Population
3,018
Households
2.5
Avg Household Size
33
Median Age
9%
College-Educated
83%
High-School Grad
6.4 sq mi
ZIP Area
1,177
Density / Sq Mi
$47,657
Median Household Income
$30,960
Median Earnings
$759
Median Rent
$85,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Garza's Flower Shop — 119 Broadway St, Elsa, TX 78543
- Elegance Flower Shop — 517 E Ricky Crossland Ave, Elsa, TX 78543
- DGlobos DFlores Arrangement Bar — 216 Broadway St, Elsa, TX 78543
Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront plus 12 apartment-style rooms create rental income within a mixed-use building.
Where is this storefront property located?
The property is located at 705 N Broadway Street Elsa, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 12 apartment‑style rooms within the building; 4 bathrooms and 2 kitchens for the residential portion; Approximately 5,969 square feet on 0.2927 acres
