Downtown Two-Office
For Sale
Contact for pricing
516-518 Broadway Street, McAllen, TX 78501
Two distinct office buildings in McAllen’s central business district, near City Hall and multiple consulates.
Property SizeContact for details
Days on Market143
Property Features for 516-518 Broadway Street
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
NAI Rio Grande Valley McAllen
(956) 655-1890
Listed By:
Roger Stolley · License ##5300768
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 5:52PM
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 NAI Rio Grande Valley McAllen
Investment Insights
Based on property information with market context.
This office property includes two separate buildings with a combined 5,000 square feet on 6,500 square feet of land. Rear parking serves the buildings, while the existing layout provides a foundation for a conceptual multi-tenant renovation. The property is established for office use and is positioned among other professional offices, including a law office across the street.
The site is in downtown McAllen’s central business district, just over one block north of McAllen City Hall. The Mexico Consulate is nearby, with the Honduras, El Salvador, and Guatemala Consulates approximately one-half block to the south. Additional parking is available at City Parking Lot B, which provides 32 spaces. Staff may apply for a free Downtown Service Parking Decal to avoid meter charges.
The site is in downtown McAllen’s central business district, just over one block north of McAllen City Hall. The Mexico Consulate is nearby, with the Honduras, El Salvador, and Guatemala Consulates approximately one-half block to the south. Additional parking is available at City Parking Lot B, which provides 32 spaces. Staff may apply for a free Downtown Service Parking Decal to avoid meter charges.
Key Highlights
- Two separate office buildings totaling 5,000 sf
- Situated on 6,500 sf of land
- Downtown McAllen CBD location near City Hall and multiple consulates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,435
Businesses Nearby
Explore this area
Business Placement
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two distinct office buildings in McAllen’s central business district, near City Hall and multiple consulates.
Where is this office building located?
The property is located at 516-518 Broadway Street McAllen, TX.
What are key features of this property?
This property features: Two separate office buildings totaling 5,000 sf; Situated on 6,500 sf of land; Downtown McAllen CBD location near City Hall and multiple consulates
