318 & 320 S BROADWAY STREET, MCALLEN, TX 78501

Homes for sale in Mcallen.

Homes for sale in 78501.


Active

List Price$1,450,000

318 & 320 S Broadway Street

McAllen, TX 78501

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

Listing #457546

10,791

Square Feet

Commercial

Type

About This Property

Investment Opportunity! Property is located at the corner of Broadway and Dallas in busy downtown Mcallen, Tx. Property has eight (8) retail spaces and features approximately 10,791 sf with a good tenant mix. The east side of the building includes 314,316,318 & 320 S. Broadway and the south side of the buildings include 1306,1308,1310,1312 & 1314 Dallas Ave. Building is brick finish with glass store fronts. Easy access to major roadways with nearby retail, banking and restaurants. Property includes two legal descriptions. Rental Income and Expenses on File.

Property Features

Location Information

County

Hidalgo

Directions

From N. 10th street head South to Business 83. From U.S Business 83, go 4 blocks south on Broadway St. to Dallas Ave, the property is on the NWC corner of Broadway St. & Dallas Ave. 2 Legal Descriptions: MCALLEN ADDITION LOT 2 BLK 29 AND MCALLEN ADDITION LOT 1 BLK 29

Subdivision

Mcallen Addition

Interior Features

Heating

Central

Additional Equipment

Roof Sign

Cooling

Central Air

Appliances

Electric Water Heater

Floors

Concrete, Tile

Exterior Features

Construction

Brick

Lot Size in Sq. Ft.

13,000

Roof

Other

Present Use

Business Service, Retail

Possession

Closing and Funding

Zoning

C3

Parking Description

Off Street, Paved

Building Total Area (Sq. Ft.)

836

Garage Spaces

0

Energy Features

Other

Parking Spaces

0

Road Description

Paved Road

Lot Description

Downtown

Road Frontage

City Street

Lot Size in Acres

0.298

Additional Information

Property Type

COM

Units in Complex

2

Property SubType

Commercial

Taxes

4865

Year Built

1985

Tax Year

2024

APN

M195000029000200, M195000

Square Feet Source

Appraiser

Status

Active

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$6,771

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$5,225

Monthly Tax

$1,208

Monthly Insurance

$338

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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