316 & 318 W 3RD STREET, MERCEDES, TX 78570

Homes for sale in Mercedes.

Homes for sale in 78570.


316 & 318 W 3rd Street

Mercedes, TX 78570

Status of the property has changed, please contact for details

List Price$250,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #473860

1,600

Square Feet

Commercial

Type

About This Property

Nestled in the heart of downtown, within close proximity to the beloved Formancios Pizza, lies an exceptional commercial property poised to cater to a diverse clientele. Boasting a strategic location, this property captures a unique blend of traffic ranging from winter Texans seeking a warm retreat to steadfast locals who frequent the vibrant downtown scene. Spanning an expansive 1600 square feet, this flexible space presents an unparalleled opportunity for a wide spectrum of businesses. Among its standout features are three well-appointed bathrooms, including one with a full shower--a rare amenity that adds practicality and convenience. Beyond its physical attributes, the property benefits from its central location, strategically positioned to capitalize on foot traffic and visibility. With its strategic location, flexible layout, and desirable amenities, it stands as a testament to the promise of downtown vitality and entrepreneurial vision. Call today for a private tour.

Property Features

Location Information

County

Hidalgo

Directions

Take expressway to Mercedes, exit Texas street and head south, turn left on 3rd street. Property is located towards the end of the street, look for the Bliss sign.

Subdivision

Mercedes Original Townsite

Interior Features

Heating

Electric

Appliances

Electric Water Heater

Cooling

Electric

Windows/Doors Description

Display Window(s)

Floors

Laminate

Exterior Features

Construction

Block

Lot Size in Acres

0.046

Roof

Composition Shingle, Flat

Lot Size in Sq. Ft.

1,999

Possession

Closing and Funding

Present Use

None

Parking Description

Blacktop, Off Street, Other

Zoning

F1

Has Garage

Yes

Building Total Area (Sq. Ft.)

1,600

Garage Spaces

10

Energy Features

None

Parking Spaces

10

Road Frontage

City Street

Lot Description

Downtown

Additional Information

Property Type

COM

Units in Complex

1

Property SubType

Commercial

Taxes

1532

Year Built

1963

Tax Year

2024

APN

M355000014000200

Square Feet Source

HidalgoCAD

Status

Active

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$1,166

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$900

Monthly Tax

$208

Monthly Insurance

$58

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.

Schools

Walk Score

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