389 Hidalgo Ave, Raymondville, TX 78580
- Commercial real estate
- 6,325 SF
- 0.34 lot acres
Current Use by Public Records
- Texan Credit Corporation / Loan Service
- Harding Foundation Inc / Charitable Organization / Social Service Agency
Property Details for 389 Hidalgo Ave
- Year built
- 1930
- Lot size
- 0.34 lot acres
- Property type
- Commercial real estate
- APN
- 13895
- APU
- 13895
Description
This exceptional commercial investment opportunity in Raymondville, Texas, presents a rare chance to acquire a thriving, multi-tenant property generating consistent rental income. Located on a 0.33-acre lot encompassing four city lots at 389 W Hidalgo Avenue, this property boasts unparalleled visibility directly off the city's main thoroughfare and offers convenient access to Interstate 69E. The property comprises three fully leased buildings: two retail spaces and a church, all contributing to a stable and predictable income stream. Adding to its appeal, a fourth lot houses a currently leased water mill, providing an additional revenue source. The total square footage of the buildings is 6,325 square feet. This strategic location near major transportation arteries ensures high traffic counts and excellent exposure for all tenants. The diverse tenant mix offers both stability and potential for future growth, making this property an attractive proposition for both experienced investors and those looking to diversify their holdings. This is a turnkey investment ready to generate immediate returns. The asking price is $210,000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Raymondville
- County
- Willacy
- State
- Texas
- Longitude
- -97.7851
- Latitude
- 26.4816
- CBSA code
- 39700
- CBSA name
- RAYMONDVILLE, TX MICROPOLITAN STATISTICAL AREA
