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121 Military Hwy Progreso, TX 78596

For Sale
$600,000

High-traffic corner lot, retail building, vacant land.

Property size:
2,536 SF

Description

Added:
Feb 3, 2025
Days on Market:
309
This exceptional commercial property, located at 121 Military Highway in the thriving city of Progreso, Texas, presents a unique investment opportunity. The property encompasses two contiguous parcels totaling 2.48 acres of land, strategically positioned at the hard corner of Military Highway and Mile 3 Road. The first parcel, spanning approximately 0.75 acres, includes a retail building currently occupied by a Subway franchisee, along with an additional vacant commercial space ready for immediate occupancy or lease. This existing structure provides immediate cash flow potential. The second parcel, comprising approximately 1.73 acres of vacant land, offers significant redevelopment potential. This expansive area allows for a variety of uses, from expanding the existing retail space to constructing new buildings, catering to the growing needs of the Progreso community. The property's prime location on a busy highway ensures high visibility and accessibility, making it an ideal site for a wide range of commercial ventures. The total building size is 2,536 square feet. The asking price for this exceptional property is $600,000. Seller financing options are available, making this an even more attractive proposition for qualified buyers. This is a rare opportunity to acquire a substantial commercial property in a rapidly developing area with significant upside potential.

Property Features for 121 Military Hwy

General Information

Property type
Other commercial real estate
Square Feet
2,536 SF
Lot Size
108,029 SF

Building Details

Year Built
1990

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Progreso
County
Hidalgo
State
Texas
Longitude
-97.95757
Latitude
26.0877

FAQs

What type of property is this?
Commercial real estate - High-traffic corner lot, retail building, vacant land.
Where is this commercial real estate located?
The property is located at 121 Military Hwy Progreso, TX.
What is the asking price?
The asking price for this property is $600,000.
More about this property
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