1700 Amigo Ave Alamo, TX 78516-6855

This exceptional 1.02-acre commercial property in Alamo, Texas, presents a lucrative investment opportunity. Located at 1700 Amigo Avenue, the property boasts convenient access from two roads: Amigo Drive and Tower Road. The property comprises two distinct income-generating components. A 2,404 square foot, four-bedroom, three-bathroom residential home occupies half an acre and is currently rented. The home includes an inside washer and dryer area. The remaining half-acre, accessed via Tower Road, is leased to an established used vehicle dealership. Detailed rental rolls are available upon request, demonstrating a consistent rental history with no periods of vacancy. Current rental income is below market value, presenting a significant opportunity to increase profitability through market-rate adjustments. The property features two separate electric meters, one for each tenant, ensuring efficient utility management. This property offers a unique blend of residential and commercial income streams, making it an ideal investment for those seeking a stable and potentially high-growth portfolio addition. The property's dual-road access and established tenancy make it a highly desirable asset in the Alamo market.