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Historic Three-Story Storefront
For Sale
$5,800,000

300 South Main Street., McAllen, TX 78501

National Register-listed commercial building with preserved Art Moderne detailing and contemporary building systems.

Property Size50,000 SF
Price / SF$116
Days on Market194

Property Features for 300 South Main Street.

General Information

Standard status Active
Size 50,000 SF
Property subtype Free Standing Building

Amenities

13-passenger elevator
early air conditioning system
large windows

Building Details

Building Size 50,000 SF
Year Built 1949
Buildings 1
Stories 3
Construction brick
Listing Agency: Re/Max Property Group - RGV
Listed By: Myra Caridad Garcia · License #719556
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 30 Last Checked: Aug 30 at 12:19PM

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 Property Group - RGV

Investment Insights

Based on property information with market context.

The M. & J. Nelson Building is a freestanding storefront property comprising approximately 50,000 square feet across three stories. Constructed in 1949 for J.C. Penney, the building combines a preserved Art Moderne exterior with commercial-scale interior space. Its facade features two-tone buff brick, cast stone trim, horizontal bands, large windows, and recessed entry doors. Original interior details include aluminum stair rails, while the property also contains a 13-passenger elevator and an early air-conditioning system.

Located at 300 South Main Street in McAllen, Texas, the building is listed on the National Register of Historic Places. The property includes customer parking and retains a recognizable connection to the local community through its longstanding identity as the former JC Penney Building. Its three-story format and substantial floor area support continued retail occupancy or an adaptive reuse concept, subject to applicable approvals.

Key Highlights

  • Approximately 50,000 square feet across three stories
  • Constructed in 1949 for J.C. Penney
  • Listed on the National Register of Historic Places

Property Analytics

Current Use

Traditions Furniture & Home ... Furniture & Home Goods

Suggested Use

Top Pick Kitchen & Bath Showroom Dental Office Electrical Service Locksmith HVAC Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,556
Businesses Nearby
Well-served
Demand for This Use

Demographics for 78501, TX

60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • House of Bloom Floristry 1111 S 10th St Suite A, McAllen, TX 78501
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  • Juanita's Flowers For All Occasions 800 s 16 1/2 st, mcallen, tx 78501
  • L A Import Inc 616 S Main St, McAllen, TX 78501

Frequently Asked Questions

What type of property is this?
Storefront property - National Register-listed commercial building with preserved Art Moderne detailing and contemporary building systems.
Where is this storefront property located?
The property is located at 300 South Main Street. McAllen, TX.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: Approximately 50,000 square feet across three stories; Constructed in 1949 for J.C. Penney; Listed on the National Register of Historic Places
More about this property
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