516-518 BROADWAY STREET, MCALLEN, TX 78501
Homes for sale in Mcallen.
Homes for sale in 78501.
516-518 Broadway Street
McAllen, TX 78501
List Price$700,000
Listing #412270
5,000
Square Feet
Commercial
Type
About This Property
The property consists of 2 separate offices totaling 5,000 sf on 6,500 sf of land. This is a downtown office location that is just over a block north of McAllen City Hall, just north of the Mexico Consulate, and one-half block north of the Honduras, El Salvador, and Guatemala Consulates. Across the street is a law office and other professional offices. This is a well-established office in the McAllen CBD. The new conceptual layout presents an idea for a multi-tenant renovation catering to the marketplace. Although there is some parking in the rear of the building there are 32 parking spaces in the City Parking Lot B. The staff can apply for a free Downtown Service Parking Decal to eliminate paying the meter. We have attached the procedures. Please see the flyer attached.
Property Features
Location Information
County
Hidalgo
Directions
From Business 83, head south on Broadway and the property will be on the right hand side.
Subdivision
Mcallen Addition
Interior Features
Heating
Central, Electric
Floors
Concrete
Cooling
Central Air, Electric
Appliances
Electric Water Heater
Exterior Features
Construction
Brick, Block
Lot Size in Acres
0.149
Roof
Flat, Other
Lot Size in Sq. Ft.
6,500
Possession
Closing and Funding
Present Use
Office
Parking Description
Blacktop, On Street
Zoning
C3
Has Garage
Yes
Energy Features
None
Garage Spaces
4
Road Description
Paved Road
Parking Spaces
4
Road Frontage
City Street
Lot Description
Downtown
Additional Information
Property Type
COM
Units in Complex
2
Property SubType
Commercial
Taxes
5592
Year Built
1980
Tax Year
2023
APN
M195000045000200
Square Feet Source
HidalgoCAD
Status
Active
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Mortgage Calculator
$3,268
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,522
Monthly Tax
$583
Monthly Insurance
$163
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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