Mixed-Use Restaurant
New
For Sale
Contact for pricing
1155 N Minnesota Ave., Brownsville, TX 78521
Operating restaurant with an upstairs studio apartment provides both commercial and residential components.
Property Size2,016 SF
Price / SF$173.56
Days on Market7
Property Features for 1155 N Minnesota Ave.
General Information
Standard status
Active
Size
2,016 SF
Total Parking Spaces
10
Property subtype
Retail
Units
Unit Mix
1 x studio
Multifamily Units
1
Additional Details
Business Included
Yes
Building Details
Year Built
2010
Listing Agency:
RE/MAX Sun Valley Realtors
(956) 592-2679
Listed By:
Joe De La Fuente · License #TX
Source:
Crexi
Added: Jul 29
Changed: Aug 3
Last Checked: Aug 4 at 10:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Sun Valley Realtors
Investment Insights
Based on property information with market context.
This mixed-use property combines an operating restaurant with a studio apartment positioned upstairs at the rear. The building was constructed in 2010 and is located at 1155 N Minnesota Ave. in Brownsville, Texas. The configuration places restaurant operations and residential space within one property, offering a distinct combination of uses for an owner or investor evaluating a commercial asset with an attached living component.
The property is described as within walking distance of the airport and near schools, supermarkets, SpaceX, and LNG facilities. Its Brownsville location and combination of restaurant and apartment space provide the core physical and surrounding-context facts for evaluating the property.
The property is described as within walking distance of the airport and near schools, supermarkets, SpaceX, and LNG facilities. Its Brownsville location and combination of restaurant and apartment space provide the core physical and surrounding-context facts for evaluating the property.
Key Highlights
- Operating restaurant with an upstairs rear studio apartment
- Mixed‑use configuration combines restaurant and residential components
- Built in 2010
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.0k | $14.40 |
| − Vacancy | −$1.6k | −$0.81 |
| EGI | $27.4k | $13.59 |
| − OpEx | −$6.9k | −$3.40 |
| NOI | $20.6k | $10.20 |
2,016 SF · lease $14.40/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$293.6K
$256.9K – $342.6K
NOI $20,554 @ 7.0% cap · market cap 5.87%
Second Best
Mixed Use
$291.6K
$255.2K – $340.2K
NOI $20,412 @ 7.0% cap · market cap 5.83%
Theoretical Best
Healthcare Medical
$347.1K
$303.7K – $405.0K
NOI $24,298 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
196k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 42%
Apparel 3%
Electronics 2%
McDonald's
Dining
31,867 visits/mo
0.3 miles
Whataburger
Dining
26,620 visits/mo
0.3 miles
Dollar Tree
Shops & Services
19,003 visits/mo
0.3 miles
Murphy USA
Shops & Services
16,952 visits/mo
0.4 miles
Sunoco
Shops & Services
14,724 visits/mo
0.3 miles
Demographics for 78521, TX
88,708
Population
29,576
Households
3
Avg Household Size
32
Median Age
15%
College-Educated
62%
High-School Grad
93.7 sq mi
ZIP Area
947
Density / Sq Mi
$41,276
Median Household Income
$24,781
Median Earnings
$864
Median Rent
$90,500
Median Home Value
Market
Properties on Market for Mixed-use properties in Brownsville
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Operating restaurant with an upstairs studio apartment provides both commercial and residential components.
Where is this mixed-use property located?
The property is located at 1155 N Minnesota Ave. Brownsville, TX.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Operating restaurant with an upstairs rear studio apartment; Mixed‑use configuration combines restaurant and residential components; Built in 2010
