313 3Rd St McAllen, TX 78501
- Commercial real estate
- 1,900 SF
- 0.11 lot acres
Current Use by Public Records
- Garcia's Upholstery / Upholstery Cleaning Service / Upholstery Shop
Property Details for 313 3Rd St
- Year built
- 1978
- Lot size
- 0.11 lot acres
- Property size
- 1,900 SF
- Property type
- Commercial real estate
Description
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.
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
- -98.2216
- Latitude
- 26.2054