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516-518 Broadway St McAllen, TX 78501

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For Sale
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Prime Downtown McAllen Office Building & Land

Property Features for 516-518 Broadway St

General Information

Property type
Office Properties & Spaces

Building Details

Year Built
1980

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Listing Contact
Roger Stolley
Roger Stolley

Listing Agency: NAI Rio Grande Valley Listing Agent: Roger Stolley

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents two separate office spaces totaling 5,000 square feet situated on a 6,500 square foot lot in the heart of McAllen's central business district (CBD). Located on Broadway Street, this property enjoys a highly visible and convenient location, just over a block north of McAllen City Hall and directly adjacent to several consulates (Mexico, Honduras, El Salvador, and Guatemala). Across the street, you'll find established law offices and other professional businesses, creating a strong sense of community and reinforcing the area's professional character. Built in 1980, the building has recently undergone significant improvements, including a new roof, and is currently undergoing upgrades to its HVAC system and interior spaces. This presents a unique chance to acquire a well-established office building in a thriving downtown area, offering immediate income potential and significant long-term growth prospects. The asking price for this prime McAllen commercial property is $600,000. The property's strategic location, coupled with the ongoing renovations, makes it an attractive investment for both seasoned and emerging commercial real estate investors seeking a foothold in a dynamic Texas market. The combination of office space and land provides flexibility for future development or expansion. Don't miss this opportunity to own a piece of McAllen's vibrant downtown core.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

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City
McAllen
County
Hidalgo
State
Texas
Longitude
-98.23448
Latitude
26.1987289

FAQs

What type of property is this?
Office Property / Space - Prime Downtown McAllen Office Building & Land
Where is this office property / space located?
The property is located at 516-518 Broadway St McAllen, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: $600,000 asking price.; Land and office property totaling 6,500 square feet.; 5,000 square feet of office space in two separate units.
(956) 655-1890 Call to check price and availability
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