Current Use by Public Records
- Land
Property Details for 636 Broadway St
- Year built
- 1985
- Property type
- Land
Description
This exceptional 10,000.94 square foot commercial land parcel, located at 636 N Broadway Street in Elsa, Texas, presents a unique investment opportunity. The property, situated in Hidalgo County, zip code 78543, boasts a 1985-built structure encompassing approximately 2900 square feet of commercial space. This space is currently configured with six small offices, two bathrooms, a storage room, and a small kitchen, all within a larger area adaptable to a variety of business uses. While some renovations are needed, the building's structure is sound. Its location in a strip mall along FM 88 provides excellent visibility and proximity to established businesses. The kitchen features a 220V power supply, though upgrades are recommended. The age of the central air conditioning system is unknown and requires further investigation. Potential uses include an event center, office leasing, insurance agency, pharmacy, or similar ventures. Owner financing is available with a 40% down payment, 10% interest rate, amortized over 30 years, and a balloon payment due in 10 years. All offers are welcome. A thorough due diligence process is strongly recommended before purchase.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elsa
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9824
- Latitude
- 26.2931
