Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    McAllen Bar/Tavern For Sale Title is generated by Realmo AI

    215 S 17th Street, McAllen, TX 78501

    View on Map
    Claim this Listing
    For Sale
    $475,000

    COMMERCIAL - McAllen, TX

    Property size:
    2,940 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $161/SF
    Added:
    Feb 6, 2026
    Days on Market:
    97
    Last Refresh:
    May 14 at 8:06 am

    Property Features for 215 S 17th Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    CO
    Parking features
    On Street, Off Street
    Appliances
    Water Heater (Other)
    Standard status
    Active
    APN
    M195000023010B00
    Size
    2,940 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4747

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    2004
    Floors in Building
    1
    Building materials
    Stucco
    Roof type
    Flat

    We can help!

    Listing Contact
    Maggie Harris
    Maggie Harris

    Listing agent Maggie Harris License #0530155

    Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX

    Listing date Feb 6, 2026

    MLS# 494188

    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

    • Prime downtown McAllen location with high visibility and foot traffic.
    • Established commercial bar/tavern in an active nightlife and entertainment district.
    • Ideal for owner‑operator or investor.
    • Flexibility to implement a new concept or elevate an existing operation.
    • Rare opportunity to own a commercial nightlife venue.
    • Built in 2004 with stucco construction and central HVAC.

    Overview

    This commercial property, suitable for bars, restaurants, and retail, is located in downtown McAllen. The property is currently operating as a bar/tavern and benefits from its location in an active nightlife and entertainment district. The building has a size of 2940 square feet and is situated on a 0.0965-acre lot. The property offers strong visibility and consistent foot traffic. It is suitable for an owner-operator or investor looking to capitalize on a downtown location. The space provides flexibility for a new concept or the ability to elevate an existing operation. The zoning is CO.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars & Pubs

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • Gibby's Lounge and Bites — 1120 S 10th St, McAllen, TX 78501
    • Monster Bar & Grill — 800 S 10th St, McAllen, TX 78501
    • Pecado Night Club — 613 S 17th St, McAllen, TX 78501
    • A&C Private Club — 620 S 23rd St, McAllen, TX 78501
    • Broncos Lounge — 632 s 23rd st, mcallen, tx 78501

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.237822
    Latitude
    26.20226

    Nearby Similar for Sale

    • $750,000
      2,631 SF

      McAllen Commercial Building on Corner

      Free-standing commercial building with high visibility in McAllen, Texas.
      3620 Buddy Owens, McAllen, TX 78504
      View Details
    • $615,000
      1,890 SF

      Move-In Ready Commercial Building

      Updated office building in North McAllen, ready for business.
      110 Pecan Boulevard, McAllen, TX 78501
      View Details
    • $700,000
      8,253 SF

      Remodeled Commercial Building in McAllen

      Turn-key investment opportunity in McAllen's Entertainment District.
      200 S 17th Street, McAllen, TX 78501
      View Details
    • $695,000
      2,790 SF

      McAllen Turnkey Investment Opportunity

      Established laundromat with rental offices in high-traffic area.
      809 N Ware Road, McAllen, TX 78501
      View Details
    • $950,000
      20,206 SF

      McAllen Commercial Building For Sale

      20,206 SF commercial building suitable for retail or warehouse.
      1020 Ash Avenue, McAllen, TX 78501
      View Details
    • $650,000
      4,000 SF

      McAllen Office Building For Sale

      Free-standing 4,000 SF office building in a business park.
      900 E Redbud Avenue, McAllen, TX 78504
      View Details
    • $440,000
      2,790 SF

      McAllen Commercial Investment Opportunity

      Commercial building with retail space and rental income potential.
      806 S 16 1/2 Street, McAllen, TX 78501
      View Details
    • $995,000
      8,500 SF

      McAllen Industrial Warehouse For Sale

      Versatile industrial warehouse in McAllen's growing northeast sector.
      1204 Upas Avenue, McAllen, TX 78501
      View Details
    • $399,000
      1,900 SF

      Turnkey Salon in High-Traffic Area

      Salon in McAllen, ready for new owner, high-traffic location.
      2014 W Nolana Avenue, McAllen, TX 78504
      View Details
    • $2,500,000
      14,975 SF

      Prime Corner Retail Opportunity

      Two buildings plus parking lot in downtown McAllen, TX.
      120 S Broadway Street, McAllen, TX 78501
      View Details
    • $400,000
      6,500 SF

      Historic Building in Downtown McAllen

      Charming historic building in downtown McAllen, Texas, for sale.
      210 S 16th Street, McAllen, TX 78501
      View Details
    • $4,400,000
      30,863 SF

      McAllen Multi-Use Facility For Sale

      Prominent McAllen facility suitable for medical, educational, or corporate use.
      5101 N Jackson Road, McAllen, TX 78504
      View Details

    FAQs

    What type of property is this?
    Bar & Pub - Commercial bar/tavern in downtown McAllen with high foot traffic.
    Where is this bar & pub located?
    The property is located at 215 S 17th Street McAllen, TX.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Prime downtown McAllen location with high visibility and foot traffic.; Established commercial bar/tavern in an active nightlife and entertainment district.; Ideal for owner‑operator or investor.
    (956) 821-9990
    We can help!
    Listing Contact
    Maggie Harris
    Maggie Harris
    Real Estate License ID: 0530155
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    215 S 17th Street, McAllen, TX 78501
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!