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Listed by RE/MAX elite
$ 1,225,000
8,296 SqFt
$ 1,225,000
8,296 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,296 sqft
Subdivision Inspiration Heights
MLS Listing ID 465147
HOA Y/N No
Originating Board Greater McAllen
Year Built 2003
Annual Tax Amount $17,137
Tax Year 2024
Lot Size 0.862 Acres
Acres 0.8623
Property Sub-Type Commercial
Property Description
Incredible Investment Opportunity: Prime Property with Multiple Income Streams!
This property offers a fantastic investment opportunity with diverse revenue potential. It features:
Drive-Thru Lease: A drive-thru space that has been leased long-term for $3,000/month—providing a consistent and reliable cash flow.
Fully Leased Apartment Complex: At the back, you'll find a well-maintained 9-unit apartment complex, housed in two buildings that are in excellent condition with metal roofs—ensuring minimal maintenance and longevity.
Steady Income: All apartments are fully leased, generating additional stable income.
This is a rare chance to secure a high-yield property with both commercial and residential leases already in place. Don't miss out—this opportunity won't last long!
This property offers a fantastic investment opportunity with diverse revenue potential. It features:
Drive-Thru Lease: A drive-thru space that has been leased long-term for $3,000/month—providing a consistent and reliable cash flow.
Fully Leased Apartment Complex: At the back, you'll find a well-maintained 9-unit apartment complex, housed in two buildings that are in excellent condition with metal roofs—ensuring minimal maintenance and longevity.
Steady Income: All apartments are fully leased, generating additional stable income.
This is a rare chance to secure a high-yield property with both commercial and residential leases already in place. Don't miss out—this opportunity won't last long!
Location
State TX
County Hidalgo
Zoning C
Interior
Heating Central
Cooling Central Air
Flooring Tile
Appliance Electric Water Heater
Exterior
Garage Spaces 4.0
View Y/N No
Roof Type Other
Total Parking Spaces 4
Garage Yes
Building
Lot Description See Remarks
Faces Take expressway 83 and exit on N Inspiration Rd then right onto Main Ave property on your left.
Story 1
Structure Type Block,Stucco
New Construction No
Others
Tax ID I404500000000800
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1401 Calle del Norte, Laredo, TX, 78041, USA
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