923 Washington Ave Brownsville, TX 78520
- Commercial real estate
- 3,140 SF
- 0.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 923 Washington Ave
- Year built
- 2000
- Lot size
- 0.07 lot acres
- Property size
- 3,140 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 3,140 square foot mixed-use property situated on a 0.07-acre lot in the vibrant heart of downtown Brownsville, Texas. The building enjoys high pedestrian traffic and visibility, offering a compelling blend of commercial and residential income streams. The ground floor features two retail storefronts, ideal for a variety of businesses, capitalizing on the bustling downtown activity. Upstairs, flexible office space is perfect for professional services or adaptable to various needs. Adding to the property's strong financial performance are four currently rented two-bedroom, one-bathroom apartments, providing a consistent and reliable rental income. The property's prime location offers easy access to local restaurants, businesses, and entertainment venues, ensuring high demand for both retail and residential spaces. This is a rare chance to acquire a well-established, income-producing asset in a thriving Texas city. The asking price for this turnkey investment is $1,000,000. This property is a unique opportunity for investors seeking a diversified portfolio or owner-users looking for a combined commercial and residential space. The existing tenants and strong location provide immediate cash flow and long-term growth potential. Don't miss this chance to own a piece of downtown Brownsville.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brownsville
- County
- CAMERON
- State
- Texas
- Longitude
- -97.4991
- Latitude
- 25.9036
