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308-302 Broadway St St Elsa, TX 78543

For Sale
$215,000

Three leased units, high traffic area.

Property size:
5,336 SF

Description

Added:
Feb 3, 2025
Days on Market:
307
This exceptional commercial property in the heart of Elsa, Texas, presents a compelling investment opportunity. The 5,336 square foot building sits on a 0.23-acre lot and comprises three distinct units, all currently generating income from existing leases. The first unit operates as a nutrition shop, the second serves as a church, and the third functions as a combined boutique and flower shop. Unit 308 is significantly larger than units 302 and 322, which have been subdivided. This expansive unit boasts a sizable main area, two to three additional rooms, a restroom, a large central space ideal for various uses, and a garage suitable for storage. Ample parking is available at the front, side, and rear of the building, ensuring convenient access for tenants and customers. The property benefits from a recently installed metal roof (approximately three years old), providing long-term durability and reduced maintenance costs. Located in a high-traffic area, this property offers excellent visibility and accessibility, making it an attractive investment for both short-term and long-term returns. The existing leases provide immediate cash flow, while the versatile layout and prime location offer significant potential for future growth and development.

Property Features for 308-302 Broadway St St

General Information

Property type
Other commercial real estate
Square Feet
5,336 SF
Lot Size
10,019 SF

Building Details

Year Built
1975

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Elsa
County
Hidalgo
State
Texas
Longitude
-97.9909
Latitude
26.2968

FAQs

What type of property is this?
Commercial real estate - Three leased units, high traffic area.
Where is this commercial real estate located?
The property is located at 308-302 Broadway St St Elsa, TX.
What is the asking price?
The asking price for this property is $215,000.
More about this property
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