For Lease
Property summary
This exceptional commercial property, located at 113 S 17th Street in McAllen, Texas, presents a unique investment opportunity. The 7,000.092 square foot lot is zoned for mixed-use development, offering versatility for a variety of commercial ventures. Built in 1985, the existing structure offers 3,450 square feet of interior space, providing a blank canvas for customization to suit your specific business needs. The property enjoys a prime location in the heart of downtown McAllen, within the vibrant McAllen Entertainment District, ensuring high visibility and significant foot traffic. This bustling area is known for its rich cultural heritage, lively atmosphere, and thriving business community, attracting both local residents and tourists. The property's central location within this established entertainment district offers immediate access to a loyal customer base. The asking price for this exceptional property is $525,000. This presents a rare chance to acquire a piece of premier real estate in a dynamic and growing Texas city. The property's zip code is 78501, and it is situated in Hidalgo County. This is an ideal opportunity for entrepreneurs and business owners seeking a high-traffic location with significant potential for growth and success.
Property profile
VerifiedCap rate & NOI
Current use
-
Bar & Pub
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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