111 23Rd St McAllen, TX 78501
Call to check price and availability
Prime McAllen investment opportunity: 7-unit complex.
Property size:
12,300 SFProperty Features for 111 23Rd St
General Information
- Property type
- Distribution properties
- Square Feet
- 12,300 SF
Building Details
- Year Built
- 2017
Listing Agency: RE/MAX Hacienda Listing Agent: Hector Guerra
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional commercial property, located at 111 N 23rd Street in McAllen, Texas, presents a lucrative investment opportunity. The 12,300 square foot complex, built in 2017, sits on a substantial 36,234.079 square foot lot. The property is comprised of seven individual units, currently 100% occupied, offering immediate cash flow. Four units, each approximately 1,200 square feet, face North 23rd Street, while three larger units, each approximately 2,500 square feet, face Beech Avenue. Each unit is a "white box" open warehouse space with one bathroom and a separate electric meter, providing flexibility for various tenants. The property's strategic location at the southwest corner of Beech Street and North 23rd Street in McAllen, TX (zip code 78501) ensures high visibility and accessibility. The asking price for this exceptional commercial center is $2,000,000. This property is classified as Retail, Office, Industrial, and Land, encompassing Commercial, Executive Office, and Warehouse subtypes. The property's strong occupancy rate and versatile unit configurations make it an ideal investment for discerning buyers seeking a high-return asset in a thriving Texas market.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Helios Crossfit
Gym & Fitness Center
CLASSY GENTLEMENS BARBERSHOP
Barber Shop
Step-It-Up Nutrition
Physician
Titan Personal/Group Training ...
Gym & Fitness Center
The Clark Factor Math ...
Tutoring Service
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2455481
- Latitude
- 26.2070672
Nearby Similar for Sale
FAQs
What type of property is this?
Distribution property - Prime McAllen investment opportunity: 7-unit complex.
Where is this distribution property located?
The property is located at 111 23Rd St McAllen, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 12,300 SF commercial complex on a 36,234 SF lot in McAllen, TX.; Seven individual units, 100% occupied, generating immediate cash flow.; Four 1,200 SF units and three 2,500 SF units, all "white box" warehouse spaces with private baths and meters.
