806 16Th 1/2 St McAllen, TX 78501
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 806 16Th 1/2 St
- Year built
- 2009
- Property type
- Specialty properties
Description
This 2009-built commercial property in downtown McAllen, Texas, presents a compelling investment opportunity. Located at 806 S 16 1/2 Street, 78501, this special-purpose building currently houses a thriving flower shop, offering a turnkey business operation with a beautiful display area, workspace, and storage. The existing flower shop provides immediate income potential, while a separate, leasable unit offers additional revenue streams. This unit provides ample space suitable for various businesses, such as offices or retail. The property's prime downtown McAllen location ensures high visibility and accessibility. The asking price is $450,000. This property is situated in Hidalgo County and offers a unique blend of established business and rental income potential, making it an attractive investment for savvy buyers seeking a strong return. The building's modern construction (2009) minimizes immediate maintenance needs, allowing for a smooth transition and immediate revenue generation. This is a rare opportunity to acquire a profitable, established business with significant upside potential in a vibrant Texas city.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2388
- Latitude
- 26.1968
