Downtown Shopping Center with Residential
For Sale
$787,000
605 W Main Street, Rio Grande City, TX 78582
COMMERCIAL - Rio Grande City, TX
Property Size4,807 SF
Lot Size0.30 Acres
Price / SF$163.72
Days on Market65
Property Features for 605 W Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
18
Parking features
Special Needs
Appliances
Electric Water Heater
Subdivision
Rio Grande City
Lot features
Downtown
Directions
Driving on HWY 83 heading east, property will be on your left hand side.
Standard status
Active
APN
167000130201300000000
Size
4,807 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
7709
Utilities
Heating system
Heat Pump (Heating), Electric (Heating), Central
Cooling system
Electric, Heat Pump, Central Air
Building Details
Year built
2006
Floors in Building
1
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Jaime Lee Gonzalez · License #713189
(956) 599-8400
Added: Jun 10
Changed: Aug 13
Last Checked: Aug 13 at 5:06AM
MLS# 460859
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.
Investment Insights
Based on property information with market context.
This downtown shopping center plaza features seven units, with six dedicated to commercial use and one residential apartment. The apartment is approximately 950 SF and includes two bedrooms, one bathroom, and an attached garage.
The property is located in the heart of downtown Rio Grande City, positioned directly across from Rio Bank and close to essential services, retail, and schools. Built in 2006, the plaza is constructed with block and stucco and has a shingle roof. Heating includes a heat pump and electric systems, with central air cooling and electric heating support. An electric water heater is noted, and parking is available with a special needs feature.
With a mix of commercial and residential space within a compact lot, this property may support a range of buyer and tenant needs looking for a multi-unit downtown asset.
The property is located in the heart of downtown Rio Grande City, positioned directly across from Rio Bank and close to essential services, retail, and schools. Built in 2006, the plaza is constructed with block and stucco and has a shingle roof. Heating includes a heat pump and electric systems, with central air cooling and electric heating support. An electric water heater is noted, and parking is available with a special needs feature.
With a mix of commercial and residential space within a compact lot, this property may support a range of buyer and tenant needs looking for a multi-unit downtown asset.
Key Highlights
- Seven‑unit shopping center plaza: six commercial units plus one residential apartment
- Residential apartment includes two bedrooms, one bath, and an attached garage
- Residential unit size of 950 SF
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Valero Energy
Shops & Services
6,043 visits/mo
0.4 miles
PNC Bank
Shops & Services
5,106 visits/mo
0.1 miles
Lone Star National Bank
Shops & Services
4,317 visits/mo
0.1 miles
Watermill Express
Shops & Services
977 visits/mo
0.2 miles
Demographics for 78582, TX
43,253
Population
14,743
Households
2.9
Avg Household Size
31
Median Age
13%
College-Educated
61%
High-School Grad
565.3 sq mi
ZIP Area
77
Density / Sq Mi
$41,452
Median Household Income
$23,855
Median Earnings
$738
Median Rent
$102,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Seven-unit commercial plaza with one 2-bedroom, 1-bath residential apartment and attached garage in downtown Rio Grande City.
Where is this shopping center located?
The property is located at 605 W Main Street Rio Grande City, TX.
What is the asking price?
The asking price for this property is $787,000.
What are key features of this property?
This property features: Seven‑unit shopping center plaza: six commercial units plus one residential apartment; Residential apartment includes two bedrooms, one bath, and an attached garage; Residential unit size of 950 SF
