1401 Main St Rio Grande City, TX 78582
- Commercial real estate
- 2,403 SF
- 0.14 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1401 Main St
- Lot size
- 0.14 lot acres
- Property size
- 2,403 SF
- Property type
- Commercial real estate
- APN
- 820780000000000300
- APU
- 820780000000000300
Description
This exceptional mixed-use property, located at 1401 W Main St, Rio Grande City, TX 78582, presents a compelling investment opportunity. The 2,306 square foot building, constructed in 2008, sits on a 6,316 square foot lot and boasts a desirable location off US Highway 83, ensuring high visibility and convenient access. The property features three units: one storefront unit ideal for retail or professional use, and two additional units in the rear perfectly suited for office space. Currently, the property enjoys 75% occupancy. The asking price is $229,000, translating to $99.31 per square foot. Each unit includes private restrooms and tile flooring. Nine parking spaces are available for tenants and customers. This property offers immediate lease space availability and significant potential for growth. The single-story building is situated in Starr County and provides excellent ingress and egress, making it an attractive option for a variety of businesses. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving area.
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
- Rio Grande City
- County
- Starr
- State
- Texas
- Longitude
- -98.8352
- Latitude
- 26.3793
- CBSA code
- 40100
- CBSA name
- RIO GRANDE CITY-ROMA, TX MICROPOLITAN STATISTICAL AREA
