Property summary
This exceptional McAllen commercial property, located at 313 N 3rd Street, offers a unique investment or owner-user opportunity. The 1,900 square foot building sits on a 0.11-acre lot and is currently divided into two distinct sections, each boasting its own private bathroom and office space. This versatile layout presents significant potential for generating rental income, making it an ideal investment property. Alternatively, an owner could occupy one section while leasing the other, creating a dual-income stream. The building's solid construction and convenient McAllen location contribute to its strong appeal. The asking price of $250,000 represents a compelling entry point into the McAllen commercial real estate market. This property is well-suited for a variety of businesses and offers a flexible configuration to accommodate diverse needs. Its current division into two separate units with private amenities simplifies management and maximizes rental potential. The property's size and location make it an attractive option for both investors seeking a strong return and business owners looking for a combination of workspace and income generation. Serious inquiries are encouraged to explore this promising investment opportunity further.
Property profile
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Current use
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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