308-302 Broadway St St Elsa, TX 78543

Property Details for 308-302 Broadway St St

Year built

1975

Lot size

0.23 lot acres

Property size

5,336 SF

Property type

Commercial real estate

Description

This exceptional commercial property in the heart of Elsa, Texas, presents a compelling investment opportunity. The 5,336 square foot building sits on a 0.23-acre lot and comprises three distinct units, all currently generating income from existing leases. The first unit operates as a nutrition shop, the second serves as a church, and the third functions as a combined boutique and flower shop. Unit 308 is significantly larger than units 302 and 322, which have been subdivided. This expansive unit boasts a sizable main area, two to three additional rooms, a restroom, a large central space ideal for various uses, and a garage suitable for storage. Ample parking is available at the front, side, and rear of the building, ensuring convenient access for tenants and customers. The property benefits from a recently installed metal roof (approximately three years old), providing long-term durability and reduced maintenance costs. Located in a high-traffic area, this property offers excellent visibility and accessibility, making it an attractive investment for both short-term and long-term returns. The existing leases provide immediate cash flow, while the versatile layout and prime location offer significant potential for future growth and development.

Location Insight

City

Elsa

County

Hidalgo

State

Texas

Longitude

-97.9909

Latitude

26.2968