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809 Ware Rd McAllen, TX 78501

Sponsored
For Sale
$850,000

High-Income Laundromat, 8,664 SF Lot

Description

Added:
Dec 11, 2024
Days on Market:
407
This exceptional commercial property, located at 809 N Ware Road in McAllen, Texas, 78501, presents a lucrative investment opportunity. The 8,664.084 square foot lot houses a recently remodeled laundromat, strategically situated on one of McAllen's busiest thoroughfares. The laundromat boasts a complete set of brand-new equipment, including 18 washers and 18 dryers, supplemented by several commercial-grade units. Ample amenities cater to customer comfort and convenience, featuring numerous folding tables, laundry carts, two coin-operated machines, two vending machines, televisions, internet access, and a dedicated office space. Further income streams are generated by three additional offices available for lease. The property also includes designated parking spaces and a designated area suitable for a food truck operation. Built in 1998, this 24-hour operation demonstrates consistent monthly income growth. This turnkey business offers a compelling blend of established revenue and significant growth potential, making it an ideal acquisition for discerning investors seeking a high-return commercial venture in a prime McAllen location. The property's strong cash flow and prime location make it a highly desirable investment.

Property Features for 809 Ware Rd

General Information

Property type
Land

Building Details

Year Built
1998

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Listing Contact
Martin Manzo
Martin Manzo

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Property Insight Report

HighLights

  • $850,000 asking price.
  • 8,664 sq ft commercial land parcel.
  • Located at 809 N Ware Road, McAllen, TX 78501.
  • Built in 1998.
  • Currently operating laundromat with 18 new washers and 18 new dryers, plus commercial units; features ample parking, and space for a food truck.
Property Profile Location Intelligence

Current Use by Public Records

Road Assistance 24/7 Mechanic All Valley Laundry Laundry Service

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
McAllen
County
Hidalgo
State
Texas
Longitude
-98.2609151
Latitude
26.2153719

FAQs

What type of property is this?
Land - High-Income Laundromat, 8,664 SF Lot
Where is this land located?
The property is located at 809 Ware Rd McAllen, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: $850,000 asking price.; 8,664 sq ft commercial land parcel.; Located at 809 N Ware Road, McAllen, TX 78501.
More about this property
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