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    1708 Avenue M Hondo, TX 78861

    For Sale
    $325,000

    Prime Downtown Retail Space, 2320 sq ft

    Property size:
    2,320 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 2,320 square foot commercial property, located at 1708 Avenue M in the heart of Hondo, Texas, presents a unique investment opportunity. The building boasts a rich history and is ideally situated for a variety of businesses. The property includes ample parking, featuring both convenient street parking on Avenue M and additional covered parking in the rear. Inside, the space has been thoughtfully upgraded, showcasing enhanced ceilings, trim, and bathrooms, creating a modern and inviting atmosphere. A striking concrete counter graces the main public area, adding a touch of contemporary design. The layout is highly functional, encompassing four private office spaces, a spacious common area perfect for conferences or meetings, and a well-equipped kitchen/utility area. The building's prominent location offers excellent visibility and accessibility, placing your business within the main public service area of downtown Hondo. The 0.09-acre lot provides sufficient space for operations and customer convenience. A triple net lease is available

    Property Features for 1708 Avenue M

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,320 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1910
    Property Profile Location Intelligence

    Current Use by Public Records

    Black Creek Coffee ... Coffee Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hondo
    County
    Medina
    State
    Texas
    Longitude
    -99.14204
    Latitude
    29.34895

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Downtown Retail Space, 2320 sq ft
    Where is this commercial real estate located?
    The property is located at 1708 Avenue M Hondo, TX.
    What is the asking price?
    The asking price for this property is $325,000.
    (830) 433-0101
    Request Owner's contact information
    1708 Avenue M Hondo, TX 78861
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    Hondo, TX 78861
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1708 Avenue M Hondo, TX 78861
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