McAllen Turnkey Investment
809 N Ware Road, McAllen, TX 78501
- Added:
- Mar 24, 2026
- Days on Market:
- 47
- Last Refresh:
- May 9 at 2:06 am
Property Features for 809 N Ware Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CO
- Parking
- 18
- Security features
- Security System
- Patio and Porch features
- Patio
- Appliances
- Water Heater (Other Location)
- Standard status
- Active
- APN
- V347001000000700
- Size
- 2,790 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7339
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1998
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Flat
Listing agent Alejandra E. Cobos (956) 802-1982
Listing office Cobos Real Estate Services LLC 520 W Pecan Blvd, McAllen, TX (956) 802-1982
Listing date Mar 24, 2026
MLS# 498964
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.
HighLights
- Strong 7.2% capitalization rate, offering reliable returns for investors.
- Established laundromat business generating $75,000 in annual income.
- Opportunity to generate additional income from four on‑site rental offices.
- Turnkey investment opportunity with both active and passive income streams.
- Well‑maintained 2,790 sq. ft. property with approximately 16 parking spaces.
- Strategically located in a high‑traffic area off Ware Rd and Pecan.
Overview
This 2,790 square foot commercial property in McAllen, TX, presents a turnkey investment opportunity with a 7.2% cap rate. The property features an established laundromat equipped with 24 commercial washers and 28 dryers, most of which are under warranty. Coin changers and vending machines are also included. The laundromat generates $75,000 in annual income. Additionally, the property includes four on-site rental offices, offering potential for supplemental income. Currently, one office is leased, while three are vacant, providing an opportunity to increase cash flow. The property is well-maintained and includes approximately 16 parking spaces. Located off Ware Rd and Pecan in a high-traffic area, the property is situated on a 0.1989-acre lot. The property is zoned CO. The laundromat business can also be purchased separately with a lease for the space.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Road Assistance 24/7
Auto Repair Shop
All Valley Laundry
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.260876
- Latitude
- 26.215353
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Established laundromat with rental offices in high-traffic area.
Where is this retail space located?
The property is located at 809 N Ware Road McAllen, TX.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Strong 7.2% capitalization rate, offering reliable returns for investors.; Established laundromat business generating $75,000 in annual income.; Opportunity to generate additional income from four on‑site rental offices.
