120 S BROADWAY STREET, MCALLEN, TX 78501
Homes for sale in Mcallen.
Homes for sale in 78501.
120 S Broadway Street
McAllen, TX 78501
List Price$2,500,000
Listing #485914
14,975
Square Feet
Commercial
Type
About This Property
Prime Corner of Broadway & Beaumont in McAllen, TX (Downtown). There are two buildings plus a 13-space parking lot. The frontage on Broadway is 100 feet, and the frontage on Beaumont is 140 feet. Broadway is a one-way st. from Business 83 to the City Hall offices. 1 block away from the super high-speed internet hub, the Chase building. The building was once the Federal Savings & Loan Building. The building's core construction is solid concrete, including the roof. The first building consists of a two-story 13,960 sqft. This building has two walk-in bank vaults, 341sqft. The 1st floor is leased out with three tenants, one of whom has been at this location for over 25 years. The 2nd floor has access via two staircases and one elevator with a 1,200-pound capacity. The second building, with 1,400 sq ft, is located at 116 S Broadway and is currently leased. The parking lot is between the two buildings and includes 13 car spaces.
Property Features
Location Information
County
Hidalgo
Directions
From Route 83 go south on Broadway to Beaumont, building on the right side corner
Subdivision
Mcallen Addition
Interior Features
Heating
Central, Electric
Floors
Other
Cooling
Central Air, Electric
Appliances
Electric Water Heater, Water Heater (Other)
Exterior Features
Construction
Brick, Block
Lot Size in Acres
0.321
Roof
Flat
Lot Size in Sq. Ft.
14,000
Possession
Closing and Funding
Present Use
Business Service, Other, Restaurant, Retail
Parking Description
Paved, On Street
Building Total Area (Sq. Ft.)
3,000
Has Garage
Yes
Energy Features
Thermostat
Garage Spaces
13
Road Description
Paved Road
Parking Spaces
13
Road Frontage
City Street
Lot Description
Downtown
Additional Information
Property Type
COM
Units in Complex
5
Property SubType
Commercial
Taxes
12050
Year Built
1976
Tax Year
2026
APN
M195000013000100
Square Feet Source
HidalgoCAD
Status
Active
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Mortgage Calculator
$11,674
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$9,008
Monthly Tax
$2,083
Monthly Insurance
$583
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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